Review Essay: Häring, Norbert, And Niall Douglas, Economists And The Powerful: Convenient Theories, Distorted Facts, Ample Rewards
Review Essay: Häring, Norbert, And Niall Douglas, Economists And The Powerful: Convenient Theories, Distorted Facts, Ample Rewards

Summary/Abstract: The ongoing global economic crisis kick-started by Lehman Brothers’ collapse in 2008 has led to a modicum of soul-searching amongst a few economists— e.g. Ha-Joon Chang’s 23 Things Economists Don’t Tell You about Capitalism (London: Bloomsbury Press, 2012)—and of increased visibility for prescient non-economists—e.g. the second edition of John McMurtry’s 1999 Cancer Stage of Capitalism (London: Pluto, 2013). Still, much of it would not be necessary, had most economists’ purview, as well as economics and business degree lines at large, included de rigueur a conspicuous amount of economic history and the works of non-orthodox masters such as Thorstein Veblen, Joan Robinson, Cornelius Castoriadis and John Kenneth Galbraith (I do not use ‘unorthodox’ or ‘heterodox’ for both sound somewhat belittling). Yet, that has not been the case.

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