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Neoclassical Economics as the New Social Engineering

February 29, 2016 by admin

This is a paper on the role of neoclassical economics in the disastrous “Big Bang” or “shock therapy” advice given by Western academics and Western advisory agencies to the post-socialist countries. It is part of the Oxford Handbook of Professional Economic Ethics.

Filed Under: Development, Main Blog Tagged With: Big Bang, Harvard Wunderkinder, Jeff Sachs, Neoclassical economics, Post-socialist transition, shock therapy

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