Outlaws Economists
June, 2012
THESE ROGUES OF THE DISMAL SCIENCE HAVE BEEN VINDICATED BY THE ECONOMIC CRASH. HOW MUCH LONGER CAN MAINSTREAM ECONOMISTS IGNORE THE HETERODOX?t was the kind of conference hall that makes you sleepy, with sound-absorbing walls and rows of plush chairs. William Black, a short, bearded man, wriggled the microphone free from the lectern. He wanted to wake up his audience. "Let me tell you all a story," he said, "about my former nemesis." Professors of economics don't usually...
