The University of Southampton
University of Southampton Institutional Repository

Afterword: Modelling the political economy in the twenty-first century

Afterword: Modelling the political economy in the twenty-first century
Afterword: Modelling the political economy in the twenty-first century

When the global economic system began to slide towards recession in 2007, most professional economists were caught flat-footed. With a few notable exceptions, economists had failed to notice early warning signs, and, as banks around the world scrambled for liquidity, bond markets froze, and Lehman Brothers finally collapsed, most were unable to explain why these events were happening. In the long winter of 2008, there was a lot of professional soul-searching, widespread calls for economists to examine their assumptions and models, and a general sense that something had gone terribly wrong in the dismal scientists’ ability to explain the economic world we inhabit.

220-231
Taylor & Francis
Marsh, Nicky
52e4155d-1989-4b19-83ad-ffa5d078dd6a
Marsh, Nicky
52e4155d-1989-4b19-83ad-ffa5d078dd6a

Marsh, Nicky (2018) Afterword: Modelling the political economy in the twenty-first century. In, Political Economy, Literature and the Formation of Knowledge, 1720-1850. Taylor & Francis, pp. 220-231. (doi:10.4324/9781351009522).

Record type: Book Section

Abstract

When the global economic system began to slide towards recession in 2007, most professional economists were caught flat-footed. With a few notable exceptions, economists had failed to notice early warning signs, and, as banks around the world scrambled for liquidity, bond markets froze, and Lehman Brothers finally collapsed, most were unable to explain why these events were happening. In the long winter of 2008, there was a lot of professional soul-searching, widespread calls for economists to examine their assumptions and models, and a general sense that something had gone terribly wrong in the dismal scientists’ ability to explain the economic world we inhabit.

This record has no associated files available for download.

More information

e-pub ahead of print date: 9 March 2018
Published date: 2018

Identifiers

Local EPrints ID: 421274
URI: http://eprints.soton.ac.uk/id/eprint/421274
PURE UUID: 33acc980-0b48-476c-a536-17cd44711a3a

Catalogue record

Date deposited: 31 May 2018 16:30
Last modified: 05 Jun 2024 18:35

Export record

Altmetrics

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×