Economist Ha-Joon Chang explains why the school of Neoclassical economics that rose in the 19th/early 20th century – now today’s dominant school of economics – decided they wanted to be scientists.

The time is ripe for good economic analysis from a progressive perspective. The Left has tended to have an understandable visceral dislike/distrust of markets. But this has had the effect of ceding ...

JOURNALIST Christopher Hayes recently wrote an article in which he describes taking Allen Sanderson’s introductory economics course at the University of Chicago. Mr Hayes claims to have found the ...

In a classic case of ‘they would say that, wouldn't they?’, economic textbook authors McTaggart, Findlay and Parkin have recently defended economics from the criticism that it failed in not predicting ...

I spent a couple of days in a TV studio recently, recording a series of short teaching sessions on the basic principles of classical economics and how they apply to investments. Since the idea of God ...

15 February 2008 For the 25 years, the so-called "Washington Consensus" - comprising measures aimed at expanding the role of markets and constraining the role of the state - has dominated economic ...