The History of Economics from 1974 to 2014

[Onion Eater]

Economics students have a rather fantastic view of the history of their science. Their professors have taught them hate for “mainstream” economics, which does not make sense. Obviously, mainstream is (by definition) what is being taught to undergraduates. The purpose of this paper is to make clear exactly what is now and has been for forty years the mainstream of economic science.

http://www3.unifr.ch/econophysics/sites/default/files/History_Economics_1974_2014_0.pdf

 

[Iolo2]

Mainstream economics, surely, has always been the nonsense that benefits the very rich, always pushing out Keynsianism, which could keep the insane system working?