Six Refuted Doctrines

John Quiggin

No 151521, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics

Abstract: This article examines six widely-held doctrines concerning economic theory and economic policy that have been refuted, or at least rendered highly problematic by the global financial crisis, namely: (i) the efficient markets hypothesis; (ii) the Great Moderation; (iii) central bank independence; (iv) trickle down; (v) the case for privatization; and (vi) individual retirement accounts. Copyright (c) 2009 The Economic Society of Australia.

Keywords: Financial Economics; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 21
Date: 2009
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Citations: View citations in EconPapers (6)

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Journal Article: Six Refuted Doctrines* (2009)
Working Paper: Six refuted doctrines (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:151521

DOI: 10.22004/ag.econ.151521

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