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Curated by Project Syndicate

Imperfect Indicators?

22 commentaries

As policymakers, academics, and investors reckon with the post-crisis global economy, the prevailing emphasis on – indeed, the very relevance of – several economic and policy indicators has been called into question. If some or all are now obsolete, what should replace them?

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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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