{"id":3105,"date":"2012-01-05T15:59:37","date_gmt":"2012-01-05T20:59:37","guid":{"rendered":"http:\/\/www.multiplier-effect.org\/?p=3105"},"modified":"2012-01-05T16:12:31","modified_gmt":"2012-01-05T21:12:31","slug":"galbraith-in-brazil","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/galbraith-in-brazil\/","title":{"rendered":"Galbraith in Brazil"},"content":{"rendered":"<p>Via <a href=\"http:\/\/nakedkeynesianism.blogspot.com\/2011\/12\/jamie-galbraith-on-current-crisis.html\">Mat\u00edas Vernengo<\/a>, here is the audio of James Galbraith&#8217;s <a href=\"http:\/\/utip.gov.utexas.edu\/Speech\/JG%20Keynote%20ANPEC%202011.WAV\">keynote address<\/a> at the ANPEC (Associa\u00e7\u00e3o Nacional dos Centros de P\u00f3s-Gradua\u00e7\u00e3o em Economia) conference in Brazil.\u00a0 Galbraith addresses the global financial crisis and the intellectual reactions (or non-reactions) to it, dealing both with those who attempted to explain away the crisis and those with a &#8220;rage to return&#8221; who scrambled for past insights.\u00a0 Here Galbraith has in mind what he regards as the superficial return to Keynes in the early portion of the Great Recession:\u00a0 &#8220;Half-remembered insights were framed into half-measures advocated by Keynesians of convenience. &#8230; [T]he authority that continues to be associated with Keynes was invoked to deflect and bury his spirit.&#8221;<\/p>\n<p>Galbraith also talks about the Marxian, Godleyan, Minskyan, and &#8220;Galbraithian&#8221; (John Kenneth) schools of thought (which he likens to &#8220;Millenarian sects&#8221;), joined by their acceptance of the possibility and likelihood of crises, and runs through the differences in their approaches to thinking about financial crises.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Via Mat\u00edas Vernengo, here is the audio of James Galbraith&#8217;s keynote address at the ANPEC (Associa\u00e7\u00e3o Nacional dos Centros de P\u00f3s-Gradua\u00e7\u00e3o em Economia) conference in Brazil.\u00a0 Galbraith addresses the global financial crisis and the intellectual reactions (or non-reactions) to it, dealing both with those who attempted to explain away the crisis and those with a [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,8],"tags":[1129,35,164,34,30],"class_list":["post-3105","post","type-post","status-publish","format-standard","hentry","category-economic-policy","category-financial-crisis","tag-financial-crisis","tag-godley","tag-james-galbraith","tag-keynes","tag-minsky"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=3105"}],"version-history":[{"count":12,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3105\/revisions"}],"predecessor-version":[{"id":3204,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/3105\/revisions\/3204"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=3105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=3105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=3105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}