We, The Post-Crash Economics Society, are a group of economics students at The University of Manchester. It is our belief that the content of the economics syllabus and teaching methods could and should be seriously rethought.
I wrote my first book – The Origin of Financial Crises – back in 2008. With that book I was trying to explain what was going wrong with monetary policy and how our central banks were making financial crises bigger rather than smaller. The book got some good press including some generous reviews in The Economist and in the Financial Times. Nevertheless neither my book nor any of the others discussing the policy errors leading up to the crisis have had much impact. Five years after the crisis our economic models and our economic policies remain pretty much as they were before Lehman Brothers failed.
goto web-page goto TwitterEin Blick in die tägliche Presse zeigt: Ob Hunger, Umweltzerstörung, Klimawandel, Finanzmarktkrise, soziale Ungleichheit oder Arbeitslosigkeit – die (ökonomischen) Probleme unserer Zeit sind vielfältig und komplex. Die Antworten der akademischen VWL, privaten Forschungsinstituten und der Presse sind hingegen meist eindimensional. Ein wichtiger Grund hierfür ist, dass die dahinter liegenden theoretischen Konzepte meist ein und derselben Denkschule entspringen, weshalb ihre Modelle einseitig und ihre Perspektive eingeschränkt bleiben. Genau hier liegt das Problem:
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