#washington-consensus

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World politics
fromThe Atlantic
7 hours ago

A Pillar of the Economics Establishment Admits That It Was Wrong

The World Bank now supports industrial policy as essential for economic success, reversing its previous stance against government intervention.
fromThe New Yorker
4 months ago

What Can Economists Agree on These Days?

"The Larry Summers era is over," Politico proclaimed, after the House Oversight Committee released correspondence from Jeffrey Epstein's estate attributed to the veteran Harvard economist Lawrence Summers. That framing seemed a bit over the top. It is true, though, that, in the thirty-plus years that I've been writing about the economy and economic policy, Summers has been pretty much a constant presence.
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