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Frits Bolkestein

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Frits Bolkestein was a member of the European Commission, 1999-2004, and is a former Dutch minister of defense. He was an IWM fellow in 2005.

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  5. op_galbraith7_claffraGetty Images_USdollareconomy
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    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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