Global Inequality: Can the Evidence Lead Us to a Smoking Gun?

James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the LBJ School of Public Affairs

Introduction by LBJ student Ladi Mosadomi

This lecture was the keynote address given at a conference called "Addressing Poverty: Challenges in a Politicized World." Organized by an LBJ School student group called the 21st Century Policy Makers, the conference was cosponsored by the Texas Roosevelt Institution, University Co-op, LBJ School Graduate Public Affairs Council, and United Way of Texas.

In his address, James Galbraith discusses whether wage inequality has been rising or falling in an age of globalization and describes the work done by the University of Texas Inequality Project to answer this question. Describing the UTIP approach, Galbraith discusses international data sets used by the group and the advantages they provide over data used by the World Bank in previous analyses. Galbraith also shares maps of worldwide economic patterns, discusses measures of reliability, and offers conclusions about what he calls a "global macroeconomic phenomenon."

(Mar 31, 2006 at the University of Texas at Austin, LBJ School of Public Affairs)

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