How can we transform economics and move it away from its current state of unproductive dogmatic thinking?
One key way would be in reforming the way economics is taught to students around the world.
In a recent post I argued that in the discipline of economics rational debates of ideas have been replaced by dogma, to the detriment of society. A dogma is a set of principles that are laid down by an overarching authority and are seen as incontrovertibly true. That is what economics has become. Read more