Chicago School (economics) - Discussion

Discussion

Some claim that Chicago School economists are associated with Washington Consensus, which John Williamson says is "disappointing". A significant body of economists and policy-makers argues that what was wrong with the Washington Consensus as originally formulated by Williamson had less to do with what was included than with what was missing. Economists overwhelmingly agree that the Washington Consensus was incomplete, and that countries in Latin America and elsewhere need to move beyond "first generation" macroeconomic and trade reforms to a stronger focus on productivity-boosting reforms and direct programs to support the poor.

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Famous quotes containing the word discussion:

    Bigotry is the disease of ignorance, of morbid minds; enthusiasm of the free and buoyant. Education and free discussion are the antidotes of both.
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    Opinions are formed in a process of open discussion and public debate, and where no opportunity for the forming of opinions exists, there may be moods—moods of the masses and moods of individuals, the latter no less fickle and unreliable than the former—but no opinion.
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    The whole land seems aroused to discussion on the province of woman, and I am glad of it. We are willing to bear the brunt of the storm, if we can only be the means of making a break in that wall of public opinion which lies right in the way of woman’s rights, true dignity, honor and usefulness.
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