William K. Black, guest blogger (originally posted at New Economic Perspectives, Benziga, and the Dollars & Sense blog) Portes as the poster child for the failure of econometrics and neoclassical dogma Richard Portes is the economist that the U.K.’s neoclassical economists chose to be their representative.  They consider him to represent the greatest strengths of … Continue reading The Icelandic Chutzpah Prize Is Retired: Portes and Baldursson Win by Losing