Robert Skidelsky challenges mainstream-economists about Europe's Post-Crash Economics Jan Woitas/ZumaPress

Post-Crash Economics

Mainstream economics is in fact an ideology – the ideology of the free market. But the tools of economics, as currently taught, provide little scope for investigating the links between economists’ ideas and the structures of power.

LONDON – In last month’s European Parliament election, euroskeptic and extremist parties won 25% of the popular vote, with the biggest gains chalked up in France, the United Kingdom, and Greece. These results were widely, and correctly, interpreted as showing the degree of disconnect between an arrogant European elite and ordinary citizens.

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