Friday, April 4, 2014

Giorgos Kallis — How economics became a science

Economics has become the secular equivalent of religion. It includes an entangled network of scriptures (textbooks), disciples (students) and preachers (professors), trained to believe without questioning the supremacy of the free market and devotedly working to prove it in each and every context, defending it against non-believers. Like the Church and the priests before them, establishment economists will not change on their own. They can only become obsolete, relics of the past, as the world around them changes. And fortunately this seems to be happening sooner rather than later.
Adbusters
How economics became a science
Giorgos Kallis | professor of ecological economics in Barcelona and coordinator of the European network for political ecology. This article draws from Tiago Mata’s “Harvard, Radical economists and the Committee on Political Discrimination” published in Science in Context (2009).
(h/t Payam Shrifi, UMKC)

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