How Does 2008-09 GFC Fit Into Economics?

A group of students at Manchester University in northwest England registered their acute dissatisfaction with the failure of the economics profession as a whole to forecast the financial crisis and warn policymakers, companies and individuals of the dangers they were facing.

In response, they formed an association called the Post-Crash Economics Society — to lobby for changes in the teaching of the discipline.

 

 

2008 crash now an economic case study

 

Source: Marketplace

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