Some believe that the current financial and economic crises have ended the dominance of the Washington Consensus once and for all. In a ceremony at Tufts University, two eminent international economists, Robert Wade and José Antonio Ocampo, were recently awarded the Leontief Prize for advancing...

The authors argue that the current austerity policies in Europe must be replaced by Keynesian policies that promote gender equality and reductions in inequality and return finance to its rightful place as the servant of the economy, not its master. Many of the ideas are adopted from practices...