"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
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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