Friday, July 25, 2025

Economics teaching has become the Aeroflot of ideas | FINANCIAL TIMES

"Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned. ... Neoclassical economics has become the Aeroflot of ideas."  
Much truth in this.
---- Niall Ferguson 

Opinion Global Economy  |  FINANCIAL TIMES

Economics teaching has become the Aeroflot of ideas 

https://www.ft.com/__origami/service/image/v2/images/raw/ftcms%3A80f511c5-4fd3-459b-8196-499584a28e39?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

The discipline is failing students by ignoring the biggest social, political and ecological challenges facing the world today

by Ha-Joon Chang


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