10 economic myths
December 2015, Issue 488
Does repeating a thing make it true?
The followers of mainstream economic dogma must surely think ‘Yes’. After the financial crash of 2008 and the malaise ever since, they haven’t changed their tune much. Their prescriptions don’t work but the patients – you or me – are still
being dosed with ‘freemarket’ medicine.
We’ve worked on this edition in the spirit of providing something of an antidote. The economic bottom line is inevitable, say the powers that be.
Just the way things are. Well, we – and an ever-growing legion of dissenting economists and fed-up-to-the-back-teeth members of the general public – say, ‘No’. These cherished myths are causing real harm and we need to ditch them.
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