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Mitch Daniels

Mitch Daniels

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Mitch Daniels, a former director of the US Office of Management and Budget under President George W. Bush, is President of Purdue University. He is Co-chair of the Council on Foreign Relations-sponsored Independent Task Force on Noncommunicable Diseases in Low- and Middle-Income Countries.

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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.
    3

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