I have been reading this book Silent Revolution: The Rise of Market Economics in Latin America by Duncan Green. It's about how Latin America, hit by the debt crisis of the early 1980s, found itself caught in the embrace of neo-liberal economics. The book is interesting enough, and I may talk about it at more length when I eventually tell you everything you need to know about Latin America.
Green's thesis is that neo-liberalism is BAD. Fair enough, it's not like the region has done particularly well since it embraced the creed. However, he displays a less than total understanding of basic economics, which undermines his credibility when he scoves at the discipline in general or attempts to draw conclusions about particular economic models. The error that most struck me was when he attempted to explain Ricardo's theory of comparative advantage by giving an example of a situation where the different concept of absolute advantage applies. The error is not fatal to his analysis, but it did make me wonder what other clunkers had crept in there. So I am somewhat more sceptical about his overall conclusions.