Why UK universities shouldn't be hostile to alternative economic models

By Maeve Cohen and Catriona Watson. We at the Post-Crash Economics Society believe room must be made in economics teaching for non-mainstream theories. What follows may just seem to be a story about one course option at one university, but it has important ramifications, not only for an ongoing national debate about economics education, but for economic policy and politics itself. We, the Post-Crash Economics Society at the University of Manchester, believe that the contents of economics syllabuses and economics teaching methods should be rethought in the light of the financial crisis. We were recently informed that our economics department had rejected our proposal to teach a module, called Bubbles, Panics and Crashes: an Introduction to Alternative Theories of Crisis, next year. Read more...