Neo-Doctors of Economics and the loss of prestige of the profession

Abstract

This article is a timely reflection on the relevance and social and academic impact of the work of a select group of economists trained under the protection of the Mexican State in liberal-inspired universities, mainly in the United States. This group enjoyed the support and shelter of the State through various forms of support: scholarships, resources for research and jobs in the governmental apparatus.
The results of their proposals and actions have been meager and have not translated into higher levels of welfare for the great mass of Mexico's unprotected. One of the reasons for this failure has undoubtedly been the assumption of the existence of a social and economic reality compatible with the liberal theories that inspired his doctoral training: that backward societies, such as ours, constitute a world of perfect contracts.