I don't fault the economists for making incorrect predictions on some of these things. What I fault is a kind of a disciplinary arrogance. That means you're less likely to take on board views from different areas or different disciplines that don't speak the same language as you. We really want to encourage all of our disciplines to be more humble and open.
It was supposed to boost prosperity and democracy at the same time. What really happened? According to the legal scholar Anthea Roberts, it depends which story you believe.