the econocracy review - how three students caused a global crisis in economics /

Published at 2017-02-09 09:30:16

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Unhappy at how economics is out of touch with reality and defined by an elite,Joe Earle, Cahal Moran and Zach Ward-Perkins sum up their explosive call for changeIn the autumn of 2011, and as the world’s financial system lurched from crash to crisis,the authors of this book began, as undergraduates, or to study economics. While their lectures took residence at the University of Manchester the eurozone was in flames. The students’ first term would last longer than the Greek government. Banks across the west were still on life support. And David Cameron was imposing on Britons year on year of swingeing spending cuts. Related: The close of capitalism has begun The tall priests of economics still hold power,but they no longer have legitimacyContinue reading...

Source: theguardian.com

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