Lynn Parramore is Senior Research Analyst at the Institute for New Economic Thinking. A cultural theorist who studies the intersection of culture and economics, she is Contributing Editor at AlterNet, where she received the Bill Moyers/Schumann Foundation fellowship in journalism for 2012. She is also a frequent contributor to Reuters, Al Jazeera, Salon, Huffington Post, and other outlets. Her first book of cultural history, Reading the Sphinx (Palgrave Macmillan) was named a “Notable Scholarly Book for 2008” by the Chronicle of Higher Education. A web entrepreneur, Parramore is co-founder of the Next New Deal (formerly New Deal 2.0) blog of the Roosevelt Institute, where she served as media fellow from 2009-2011, and she is also co-founder of Recessionwire.com, and founding editor of IgoUgo.com. Parramore received her doctorate from New York University in 2007. She has taught writing and semiotics at NYU and has collaborated with some of the country’s leading economists her ebooks, including “Corporations for the 99%” with William Lazonick and “New Economic Visions” with Gar Alperovitz. In 2011, she co-edited a key documentary book on the Occupy movement: The 99%: How the Occupy Movement is Changing America.
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Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil