A big argument of neoliberal economics is that unemployment is reduced by labour-market deregulation. Lack of robust evidence doesn’t seem to get in the way. Mainstream economics has a tendency to decide on some ‘established’ conclusions, and then hold to them, notwithstanding all evidence to the contrary. This is bad enough, but what may be […]
About Jayati Ghosh
Jayati Ghosh is professor of economics at Jawaharlal Nehru University in New Delhi, executive secretary of International Development Economics Associates and a member of the Independent Commission for the Reform of International Corporate Taxation.