Harms, John B. creator Knapp, Tim text xu| 2003 continuing ng p.413-36. In this article, the authors evaluate the new economy according to its own claims of growing prosperity and rising standards of living. Using statistics and indicators from the recent economic expansion, they demonstrate that many of the claims about the New Economy's increasing prosperity were highly suspect and remain so today. They conclude that the New Economy discourse is an ideological expression of an explicit political agenda favoring corporate interests. - Reproduced. Economics Review of Radical Political Economics 180718