Skip To Content

Search
emulation group

Macroeconomics Homework

Recently I had to do my macroeconomics homework in the form or response to the statement that current state of macroeconomics is not good. Here's my answer:

Finally we are starting to ask the right questions and actually allowing and promoting public critique and discussion of the neo-liberal school of thought. The problem will be change, particularly at major universities, and cuurent graduates in positions, as neo-liberal economics has become the dominant paradigm. This goes beyond Kunsian revolutions and paradigm shifts, where a new theory of change states that death of dominant "thought leaders"(beyond retirement from tenure) is needed before room can be made for new ideas. The recent international discussion questioning dominant beliefs is encouraging. Thanks.