Battle for the Soul of Economics

CLIMATE CHAOS. ESCALATING INEQUALITY. FINANCIAL VOLATILITY.

Multiplying real-world disasters sprung from the fantasy world of neoclassical economics — a faith-based religion of perfect markets, enlightened consumers and infinite growth that shapes the fates of billions. To rescue humanity from the mainstream’s march of doom, we need to kick over the orthodox shibboleths and build up a radically pluralist economics for the 21st century.

American Economics Association General Meeting

Before economics can progress, it must abandon its suicidal formalism.

— Robert Heilbroner

Read more in the Rebel Economist’s Notebook