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Economics After the Crash

Economics After the Crash

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Published by Alex Marsh
A collection of nineteen essays on the philosophy, ethics and methodology of economics. The essays touch on questions such as why economists missed the global financial crisis, how economics needs to change, and the impact that economic analysis has on the world. The essays all originally appeared on my blog.
A collection of nineteen essays on the philosophy, ethics and methodology of economics. The essays touch on questions such as why economists missed the global financial crisis, how economics needs to change, and the impact that economic analysis has on the world. The essays all originally appeared on my blog.

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Published by: Alex Marsh on Nov 23, 2013
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Economics after  the crash
Alex Marsh
 
 
About the author
Alex Marsh started his blog
 
 Alex’s Archives
 
 in October 2010. The
 blog’s audience has
grown steadily. Since June 2012 it has regularly featured among the Top 100 politics blogs in the UK on the ebuzzing.com monthly ranking. The blog covers a wide range of topics, but its focus is issues relating to housing and social policy, economics and public policy, and political processes under the Coalition government.
Alex’s posts have also appeare
d on group blogs including the Guardian Housing Network blog, LSE British Politics and Policy blog, and LSE Impact of Social Sciences blog, The Conversation UK, and Democratic Audit.
Outside the blogosphere Alex’s day job is as Professor of Public Policy a
t the University of Bristol, where he is currently Head of the School for Policy Studies. He has published academic articles in a variety of housing and policy journals. His most recent book is the
Sage Library in Housing Economics
 , which he edited with Ken Gibb of Glasgow University. www.alexsarchives.org www.alex-marsh.net The material in this collection is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
 
Cover image: © aihumnoi - Fotolia.com Published: November 2013
 
 
Contents
Preamble Economists, implicated 1 Economics as a vaccine against economists? 3 On economic amnesia 5
On knowing what’s going on
 8
Economists? That’ll
 be your problem right there 10 The maths question in economics 16 Economists in reflective mood 19 The reopening of the economic mind? 21 Revisiting
Capitalism Unleashed
 24 Economics emperor: absence of clothes increasingly suspected 27 Economic theory and intuition-based policy 30 Looking to the past on expectations of the future 32 Reinhart and Rogoff: replication and responsibility 35
Dr Smith and the “neoclassicals”
 38 Interpreting Osborne 41 Seeking a post-crash economics 44 On signs you
re reading bad criticism of economics 47 On mainstream economics and neoliberalism 50 Would post-crash economics be a step backward? 55

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