Manchester University bosses came under fire from angry economicsstudents after they scrapped a groundbreaking course that examined the effects of the 2008 banking crash.
In an escalation of the crisis gripping university economics departments, the course leaders cancelled the Bubbles, Panics and Crashes module developed to answer protests at the dominance of orthodox free-market teaching.
Students said the U-turn undermined the credibility of senior staff who promised reforms and meant the department was actively obstructing debate over the causes of the financial crash and why economists failed to see it coming.Stonewalling. So much for the university as a field for free enquiry and informed debate. Now its true colors are showing.
The Guardian (UK)
Manchester University move to scrap banking crash module angers students
Phillip Inman, economics correspondent
(h/t Real-World Economics Review Blog)
2 comments:
The legacy if hippies and boomers will forever be their cynicism toward government and faith in markets. Luckily their reign is nearing an end and those that do remain have one foot in the grave. This is Yet More evidence of a generational shift underway.
Pretty hard to understand the substance of this debate without more detail about the actual reading list and and content of the course.
Post a Comment