Philip Stephens of the FT has a wonderful reflection on why we are in such an economic mess, and why economic science has not gotten us out:  

Read and enjoy!

About jackgoldstone

Hazel Professor of Public Policy at George Mason University
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1 Response to Econo-deism

  1. Raja M. Ali Saleem says:

    Superb. However, the question it raises is how do economists, or atleast the most influential economists, keep getting away with this. Why wily politicians keep listening to them? Is it because of the esoteric language in which they talk and ordinary mortals cannot? Or is it because of the difficulty in fighting economic orthodoxy as it has so much money behind it?

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