The Shifts and the Shocks
Martin Wolf
Allen Lane, 496pp, £25
Mainstream economics is in crisis. That might seem a melodramatic statement, one that has been made every year for the past half-century. But this time it is true. I say this not because of some personal vendetta, but on grounds with which any self-respecting economist would find it hard to argue. The consumers have had enough: young people no longer want to study it.
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