Monthly recommendation #3.

In 2011 a group of economics students at The University of Manchester started a revolt. They put forward the claim that the economics that they were being taught – the same economics that underpinned the global financial system before the 2010 crash, and continues to do so in Britain and the US – was, to use an academic term, a heap of fucking bullshit.

They set up the Post-Crash Economics Society. They were written about in the media. That said, the orthodox economists are still preaching the same old gospel. 

One of the very few economics academics rebelling against the orthodoxy is Cambridge University professor Ha-Joon Chang. Continue reading →