Thursday, April 12, 2012

"Stuck between Failed Methodologies and Whispered Realities"

"Why is this happening, and why now? Obviously, the global financial crisis brought the failures of the economics profession into stark relief. But there still hasn't been a significant public movement of established professional economists away from orthodox theories. However, as the pernicious effects of instability and inequality become part of daily life, frustration with stale economic ideas is starting to turn into action—at least on the part of some."

Eric J. Weiner in the Los Angeles Times discusses discontent among economics students.

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