Reintroducing Economic Theory

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    Methodological Problems in Macroeconomics: Curriculum and Computers

    The financial crisis of 2008, and the subsequent worldwide economic depression and continuing dislocation, have made little to no impression on the way macroeconomics is taught at the university level, from Economics 101 through graduate school. It has been “business as usual’, which (it seems to me) means an almost studious avoidance of any attempt to acquire knowledge of how monetary economies actually work. Read more

    Change of Course: a Journalist’s Perspective

    I first came across economics students’ campaigns to revolutionise their education in that bastion of radical thought: the newsroom of the Financial Times. Read more