Liberal opinion holds that the international monetary and financial system is a device for promoting…
Idols of the Market-Place Sumanasiri Liyanage
This note follows up the discussion in the author’s previous article on the fallacy of neoliberal economics in laying out an effective development strategy for developing economies. This article tackles the issue of free trade in particular and argues that not only does neo-classical orthodoxy not sit very well with historical experience in developed countries, it is theoretically flawed.
Idols (Download the full text in PDF format)