Statement of the Co-Editors. Economics and the economic crisis: the case for change

Thomas Palley, Louis-Philippe Rochon and Matías Vernengo

Review of Keynesian Economics, 2012, vol. 1, issue 1, 1-4

Abstract: It is widely recognized that economic crises can sometimes trigger enormous change, with regard to both economic theory and the politics of governance. Today, the global economy is struggling with the fall-out from the financial crash of 2008 and the Great Recession of 2007–2009. The economic crisis that these events have generated, combined with the failure of the mainstream economics profession, has again put the question of change on the table.

Date: 2012
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