On Thu, Aug 6, 2009 at 10:12 AM, Marv Gandall <marvgandall at videotron.ca>wrote:
> (Robert Skidelsky, "How to rebuild a shamed subject")
>
> "Keynes opened the way to political economy; but economists opted for a
> regressive research programme, disguised by sophisticated mathematics, that
> set it apart. The present crisis gives us an opportunity to try again.
>
> The reconstruction of economics needs to start with the universities.
> First,
> degrees in the subject should be broadly based. They should take as their
> motto Keynes’s dictum that 'economics is a moral and not a natural
> science'.
> They should contain not just the standard courses in elementary
> microeconomics and macroeconomics but economic and political history, the
> history of economic thought, moral and political philosophy, and sociology.
> Though some specialisation would be allowed in the final year, the
> mathematical component in the weighting of the degree should be sharply
> reduced. This is a return to the tradition of the Oxford Politics,
> Philosophy and Economics (PPE) degree and Cambridge Moral Sciences."
>
>
> http://www.ft.com/cms/s/0/dfc9294a-81ef-11de-9c5e-00144feabdc0.html?ftcamp=rss
>
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