TheMachineWins
07-06-2009, 03:01 PM
Here's an excerpt from the introduction:
"Today in many countries, especially the US and UK, the neoclassical-neoliberal mainstream is so institutionally entrenched that there exists the danger that its faithful, instead of working to disabuse themselves of the illusions that facilitated the global disaster, will put their efforts to shielding themselves from the guilt and shame that rightly they should bear. With few exceptions, several of whom are contributors to this book, economists, no less than men-in-the-street, remained silently oblivious to the approaching financial collapse and the human loss that follows. Even now the profession’s upper orders exhibit no inclination to subject the antecedents of the recent events to a rigorous and, most important, irreverent analysis."
http://www.paecon.net/CRASH-1.pdf
"Today in many countries, especially the US and UK, the neoclassical-neoliberal mainstream is so institutionally entrenched that there exists the danger that its faithful, instead of working to disabuse themselves of the illusions that facilitated the global disaster, will put their efforts to shielding themselves from the guilt and shame that rightly they should bear. With few exceptions, several of whom are contributors to this book, economists, no less than men-in-the-street, remained silently oblivious to the approaching financial collapse and the human loss that follows. Even now the profession’s upper orders exhibit no inclination to subject the antecedents of the recent events to a rigorous and, most important, irreverent analysis."
http://www.paecon.net/CRASH-1.pdf