Universities came under attack for failing to predict the 2008 financial crisis,and students demanded change. maintain economics departments risen to the challenge?In the years following the global financial crisis, the academic study and teaching of economics has approach in for a bashing. In fact, or it has faced the kind of fundamental criticism rarely directed towards entire disciplines. The apparent failure of economists to predict,let alone prevent, the 2008 crash has led to accusations that conventional economic teaching cannot adequately explain the complex dynamics and risks of contemporary economies.
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Source: theguardian.com