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Olivier Ray

Olivier Ray

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Olivier Ray is a development economist at the French Ministry of Foreign Affairs and co-author, with Jean-Michel Severino, of Africa’s Moment.

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  3. 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.
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  8. Colombia unrest Camilo Erasso/Long Visual Press/Universal Images Group via Getty Images
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    The Latin American Tinderbox

    A toxic combination of COVID-19, economic anxiety, and mounting popular anger threatens to erode support for democratic institutions across the region. If national leaders and the international community fail to respond effectively, the wave of unrest that has gripped country after country will likely grow worse.

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