Previously I have written about the Econobubble (the handmaiden of the “real” Bubble) and the toxic theories of economists who were very recently rewarded with the Nobel Memorial Prize in Economics. Following those tirades, a number of colleagues (and students) put it to me that economics is not what it used to be. That once upon a time, they suggest, economists were giants whose intellect informed the public and who would have reined in the current crop of mindless hacks whose inane creed took over the great Economics Departments sometime in the 1970s. In this article (just published in Monthly Review’ MRZine) I beg to differ: The sad truth is that the malaise that is today’s vulgar economics was founded on the analysis of some of the brightest and best minds. Click here for the article which uses the great Paul Samuelson as a case in point.
Adults in the Room And the Weak Suffer What They Must? - the book Box1_ENG DiEM25 English European Crisis MeRA25 Politics and Economics Talking to my daughter about the economy (book) The Nation
THE NATION: Yanis Varoufakis’s vision for a more democratic Europe – a review of ‘Adults in the Room’, ‘Talking to My Daughter About The Economy’ & ‘And the Weak Suffer What They Must?’ by Atossa Araxia Abrahamian
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