Review: Some of what is wrong with economics

April 17, 2015

Meghnad Desai mocks his fellow economists for not seeing trouble ahead during the early 2000s credit bubble. The retired professor wisely calls for more study of history and a less narrow perspective, but he is still too conventional. He ignores the crucial financial cycle.

Dynamite the Nobel prize in economics

October 9, 2009

Those awarding the Nobel medal for economics have a long history of endorsing ideas that are useless, incorrect and even dangerous. With the latest winner of the $1.4 million windfall due to be named on Monday, the case is stronger than ever for scrapping the prize altogether.