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Morton Schapiro

Morton Schapiro

1 commentaries

Morton Schapiro, a professor of economics and President of Northwestern University, is co-author of Cents and Sensibility: What Economics Can Learn from the Humanities.

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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.
    3

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