Friday, March 7, 2008

What's happening to economics

“There is no longer any consensus, in Washington or elsewhere, that free trade, unregulated by government intervention, can produce broad-based sustainable development,” says GDAE Co-director Neva Goodwin. “José Antonio Ocampo and Robert Wade are among the most creative economic thinkers, combining rigorous analysis with empirically grounded research. Each of them is laying critical pieces of the groundwork that’s needed for solving global problems in ways that will genuinely improve the lives of the world’s poor majority.”

-Tufts Institute Awards Annual Economics Prize to Robert Wade and José Antonio Ocampo

via Austrian Economists-There is No Longer Any Consensus: the 2008 Leontief Prize Awarded to Robert Wade

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