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Celso Lafer

Celso Lafer

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Celso Lafer, Brazil's Foreign Minister in 1992 and 2001-2002 and Minister of Development, Industry, and Trade in 1999, is now Professor of Law at the University of São Paulo.

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  1. op_galbraith7_claffraGetty Images_USdollareconomy
    Subscriber Exclusive

    Dismal Economics

    James K. Galbraith

    Although neoclassical economics relies on assumptions that should have been discarded long ago, it remains the mainstream orthodoxy. Three recent books, and one older one, help to show why its staying power should be regarded as a scandal.

    reviews four books that shed light on the unjustifiable hegemony of the neoclassical school.
    2

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