SPRING TERM GETS UNDER WAY WITH A CRITIQUE OF NEO-LIBERAL ECONOMICS

The Spring Term is dedicated to economics. The first class on Tuesday, 5 February took a critical look at neo-liberal economics. The class was introduced by Dr Martin Graham who, in addition to describing the fundamental theories and assumptions employed,  described how this type of economics served the interests of the rich and powerful and now dominated public policy, being essentially the only type of economics taught in our colleges and universities – this despite numerous theoretical shortcomings, dubious assumptions and a total failure to explain the actual economy  we observe in the 21st Century.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s