Jostein Hauge concludes that:
'When policymakers, business leaders, & analysts graduate with a mathematically sophisticated but contextually impoverished understanding of economic systems, it has serious consequences. An army of economists out there has been taught to prioritise market efficiency over social outcomes & treat complex socioeconomic challenges as mere technical puzzles'!
There is an urgent need to reform & pluralise economics education!
#economics
https://www.theglobalcurrents.com/p/how-economics-lost-its-soul?subscribe_prompt=free
