Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World

Economist Jeff Madrick, author of the recent book,┬áSeven Bad Ideas: How Mainstream Economists Have Damaged America and the World,explains why mainstream economists failed to anticipate the 2008 economic crisis. The “invisible hand” utopia myth and why it is dangerous for the economy. The myth of rational decision making. All the things that markets don’t work […]