How Conservatives Abandoned the Free Market and Why Liberals Should Too

Is the free market dead? Out guest this hour believes that conservatives in power, who have traditionally supported free market ideals, have in fact largely abandoned those philosophies in practice. We’ll talk with James K. Galbraith, the Lloyd M. Bentsen Jr. Chair in Govt. / Business Relations at UT’s LBJ School of Public Affairs. His new book is “The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too” (Free Press, 2008).