"How Economics became a religion" by John Rapley (The Guardian)

The UK has inspired this article. However, its content concerns us all. Or at least, it should.


'Yet if history teaches anything, it’s that whenever economists feel certain that they have found the holy grail of endless peace and prosperity, the end of the present regime is nigh. On the eve of the 1929 Wall Street crash, the American economist Irving Fisher advised people to go out and buy shares; in the 1960s, Keynesian economists said there would never be another recession because they had perfected the tools of demand management.'

To read the full article, press here.