Here’s a fascinating article that demonstrates the real lack of consensus in economic thought seen since the GFC. While anyone familiar with history of economic thought is aware of the conflicting views even within the ‘Mainstream’ that have been around for the past 80 or so years, prior to the GFC there was usually one dominant side to the argument. Even more telling is the fact that since Milton Friedman’s untimely demise, there hasn’t been a single figure who has been seen as the face of contemporary economics. If you’re interested have a read, it’s also got some great content for possible exam discussion questions so it’s a win-win!
About the Author: Tristan Truuvert
Third year Economics/Science (Adv.) student majoring in economics and molecular and cell biology. I started with the Economics as Publications Director at the end of my first year in 2014 and in mid-2015 became Arc Delegate and an Academic Director. At the end of 2015 I was elected as both Vice-President External and Internal for 2016 and I hope to continue my involvement with the society for the remainder of my time at UNSW.