Economics is a failing discipline doing great harm – so let’s rethink it — Productivity Hub

Something is killing conventional economics and it’s probably an inside job. Reliance on abstract mathematics and absurd assumptions has brought the discipline into disrepute, even if politics and policy are guided by the ghosts of its teaching. Nobody was surprised recently to learn that the price of the overdue and over-budget HS2 high-speed rail project […]

via Economics is a failing discipline doing great harm – so let’s rethink it — Productivity Hub

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