💬 Opinion 1d ago · James K. Galbraith

A Fatal Challenge to Mainstream Economics

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A Fatal Challenge to Mainstream Economics
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The intellectual project on which mainstream economists were raised, and which still forms the backbone of textbook education, has disappeared. What remains is a pastiche of attempted patches, apologies, and corruptions of “heterodox” ideas, all peddled by exponents of an “orthodoxy” that lacks a theoretical core.

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