With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today’s biggest problems. Change within the discipline is underway, but it cannot come fast enough.
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Larry Elliot: Ten years after the financial crash, the timid left should be full of regrets
August 30, 2018
Mathew D. Rose
Economics, Finance, Financial Institutions, Neo-Liberalism in the EU
0
Larry Elliot´s analysis is somewhat short-sighted. The mainstream media played a crucial role in keeping many critical voices and opinions out the discourse. We see this daily as the newspaper where Elliot writes, the Guardian. […]
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