Radio Utopie

The US-economist James K. Galbraith gave a remarkable speech to the biennial convention of the CEP Union of Canada in Toronto on September 20, 2010. In that speech he looked inside Pandora´s Box – and what he found as the root-cause for the crisis we face was: FRAUD. In the following interview related to this speech he explains the need “to take control over institutions and restructure them.“ James K. Galbraith, one of the most respected economists in the United States, holds the Lloyd M. Bentsen, Jr. Chair of Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin. He is a Senior Scholar with the Levy Economics Institute (www.levy.org), and Chair of the Board of Economists for Peace and Security (www.epsusa.org), an international association of professional economists.