The influence of "free market fundamentalism" in economic policy is growing even though...

|By:, SA News Editor

The influence of "free market fundamentalism" in economic policy is growing even though conservatives have been wrong on interest rates, inflation and austerity programs, Paul Krugman asserts. But such failures don’t stop them, he says, and the world is now threatened by "zombie economics" - doctrines that the crisis should have killed but didn’t.