Ha-Joon Chang

'The dominance of neoclassical economics in our university curricula has created a world where we are told there is no alternative — only technical adjustments to a system that is fundamentally fair, rational and efficient. But this is fiction. Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned. Non-economists are told to “think like an economist” or not think at all. This is not education. It’s indoctrination'

#economics #academicDoctrine #economicTheology

https://www.ft.com/content/9aabb4a9-d896-4b4c-a40a-1c4477a47a29