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April 28th 2005 • Printer version Wage inequality leads to global
"The gap between good and bad jobs was once quite small," Galbraith
writes in his book, Created Unequal: The Crisis in American Pay. "But
the gap has grown and now is wider than at any other time since the
Great Depression. It is so wide that it has come, once again, to
threaten the social solidarity and stability of the country. "
His latest book, Inequality and Industrial Change: A Global View,
focuses on wage inequality within a globalizing economy and its
consequences.
Galbraith is a prominent policy adviser and scholar, and has served in several
positions on the staff of the U.S. Congress. He writes on a range of
economic issues, from Social Security reform to exchange rate policy.
His comments appear in the New York Times, Washington Post, Wall Street Journal, American
Prospect and The Nation.
He holds the Lloyd M. Bentsen Jr. Chair of Government-Business
Relations in the Lyndon B. Johnson School of Pubic Affairs at the
University of Texas.
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insecurity, economist says