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Teresa Ter-Minassian

Teresa Ter-Minassian

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Teresa Ter-Minassian is a former director of the Department of Fiscal Affairs at the IMF. She headed the IMF’s negotiations with Brazil in the late 1990’s.

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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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