QUICK - before it goes!
BBC Radio 4 - Teaching Economics After the Crash
http://www.911forum.org.uk/board/viewtopic.php?p=169074#169074
At universities from Glasgow to Kolkata,
economics students are fighting their tutors over
how to teach the subject in the wake of the
crash. The Guardian's senior economics
commentator, Aditya Chakrabortty, reports from
the frontline of this most unusual and important academic war.
The banking crash plunged economies around the
world into crisis - but it also created questions
for economics itself. Even the Queen asked why
hardly any economists saw the meltdown coming.
Yet economics graduates still roll out of exam
halls and off to government departments or the
City with much the same toolkit that, just five
years ago, produced a massive crash.
Now economics students around the world are
demanding a radical change of course. In a
manifesto signed by 65 university economics
associations from over 30 different countries,
students decry a 'dramatic narrowing of the
curriculum' that they say prefers algebra to the
real world and teaches them there's only one way to run an economy.
As fights go, this one is desperately ill-matched
- in one corner, young people fighting to change
what they're taught; in the other, the academics
who've built careers researching and teaching the
subject. Yet the outcome matters to all of us, as
it is a battle over the ideas that underpin how we run our economies.
Aditya meets the students leading arguing for a
rethink of economics. He also talks to major
figures from the worlds of economics and finance,
including George Soros, the Bank of England's
chief economist Andy Haldane, and Cambridge author Ha-Joon Chang.
Produced by Eve Streeter
A Greenpoint production for BBC Radio 4.
http://www.bbc.co.uk/programmes/b04svjbj
Here is their suggested reading list:
Dr Ha-Joon Chang
• Herbert Simon: Reasons in Human Affairs (Stanford University Press 1983)
• Phyllis Deane: The State and the Economic
System: An Introduction to the History of Political Economy (Opus 1989)
Rob Johnson
• Frank Knight: Risk Uncertainty and Profit
(1921) ; On the History and Methods of Economics (1956)
• John Maynard Keynes: General Theory (1936); A Treatise on Probability (1921)
• Rajani Kanth: Breaking with the Enlightenment (NJ Humanities Press 1997)
• Stuart Ewen: PR!: The Social History of Spin (Basic Books 1998)
Professor Steve Keen
• Hyman Minsky: Can "It" Happen Again? (Routledge 1982)
• John Blatt: Dynamic Economic Systems (Routledge 1983)
• Karl Marx: Grundrisse (1939)
Professor Diane Coyle
• John McMillan: Reinventing the Bazaar - A
Natural History of Markets (Norton 2003)
• Thomas Schelling: Micromotives and Macrobehaviour (Norton 1978)
Dr Victoria Bateman
• John Maynard Keynes: The General Theory of
Employment, Interest and Money (chapter 12)
• Avner Offer: The Challenge of Affluence (OUP 2006)
• Mariana Mazzucato: The Entrepreneurial State:
Debunking Public vs Private Sector Myths (Anthem Press 2013)
Professor Wendy Carlin
• David Soskice and Peter Hall (ed): Varieties of Capitalism (OUP 2001)
• Paul Seabright: The Company of Strangers: a
Natural History of Economic Life (PUP 2004)
Professor Philip Mirowski
nakedcapitalism.com or larspsyll.wordpress.com
Lord Robert Skidelsky
• Josh Ryan-Collins, Tony Greenham, Richard
Werner and Andrew Jackson: Where Does Money Come
From? A Guide to the UK Monetary and Banking
System (New Economics Foundation 2014)
• Anat Admati and Martin Hellwig: The Bankers'
New Clothes: What's Wrong with Banking and What
to Do About It (Princeton University Press 2013)
• Erik Brynjolfsson and Andrew McAfee: The Second
Machine Age: Work Progress, and Prosperity in a
Time of Brilliant Technologies (WW Norton 2014)
Dr Devrim Yilmaz
• Karl Polanyi: The Great Transformation (1944)
Professor Danny Quah
• Edward Tufte: The Visual Display of
Quantitative Information (Graphics Press 2001)
• Paul Kennedy: The Rise and Fall of the Great
Powers: Economic Change and Military Conflict
from 1500 to 2000 (Random House 1989)
• Jared Diamond: Guns, Germs, and Steel: A
Short History of Everybody for the Last 13,000 Years (Vintage 1998)
Yuan Yang, Rethinking Economics
• Tony Lawson: Economics and Reality (Routledge 1997)
Joe Earle, Post-Crash Economics Society
• George Packer: The Unwinding (Faber 2014)
• Rod Hill and Tony Myatt: The Economics
Anti-Textbook: A Critical Thinker's Guide to Economics (Zed 2010)
Broadcasts
Tue 2 Dec 2014
20:00
BBC Radio 4
Last Sunday
17:00
BBC Radio 4
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Covetousnesse be gon: Come, Truth and Love arise.
Patience take the Crown; throw Anger out of dores:
Cast out Hypocrisie and Lust, which follows whores:
Then England sit in rest; Thy sorrows will have end;
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Please consider seriously the reason why these elite institutions are not discussed in the mainstream press despite the immense financial and political power they wield?
There are sick and evil occultists running the Western World. They are power mad lunatics like something from a kids cartoon with their fingers on the nuclear button! Armageddon is closer than you thought. Only God can save our souls from their clutches, at least that's my considered opinion - Tony
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