Mike Konczal — Mirowski on the Vacuum and Obscurity of Current Economics

I just finished reading Philip Mirowski’s Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown. It’s fantastic, wonderfully dense, packed with ideas running from Foucault through how game theorists botched the TARP auction design. It provides a stunningly detailed summary of topics economic bloggers would be interested in, ranging from the debate on the Efficient Market Hypothesis after the crisis, the structure of the Mont Pelerin Society, to the way conservatives spread the idea that the GSEs caused the financial crisis. If you like Mirowski’s other works, you'll love this. Mirowski is an economist and a historian, and has a knack for showing the evolving arguments and justifications and contexts for economic ideas and approaches. I'm writing a longer review of it, but I'll be bringing up pieces of it here.

The Next New Deal — Rortybomb
Mirowski on the Vacuum and Obscurity of Current Economics
Mike Konczal