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Michael Stephen

Michael Stephen

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Michael Stephen, a former member of the UK Parliament, is Chairman of the Oxo-biodegradable Plastics Association, and a director of Symphony Environmental Technologies Plc.

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  1. op_galbraith8_Graeme RobertsonGetty Images_cambridge Graeme Robertson/Getty Images
    Subscriber Exclusive

    What's Left of Cambridge Economics?

    James K. Galbraith

    In offering a blueprint for bringing mainstream economics into the twenty-first century, a University of Cambridge economist has unwittingly demonstrated much of what is wrong with the discipline. Ironically, the rediscovery of an earlier generation of Cambridge economists would set things right.

    thinks a new attempt to refurbish the discipline suffers from a fatal blind spot.
    12

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