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Ruchira S. Datta and Jason Wehmhoener liked this
Economics, and in particular, free market capitalism, is not a science, it is a belief system. This article traces the roots of this belief system to evangelical Christianity in the 1800s. Interesting stuff ... - Nadine Schaeffer
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Re: the Irish potato famine, "When British leadership put its faith in the natural balance of an open market to create the best outcome, the result was disaster. Evangelicals like Trevelyan didn’t look smart and pious after the famine; they looked blind to human reality and desperately cruel. Their brand of political economy, grounded in evangelical doctrine, went into retreat and lost influence." - Jason Wehmhoener
"“Post-autistic economics” (PAE) is the name now taken by those few economists who hope to rescue the discipline from the neoclassical model; the name is an homage to the dissident French students, whose manifesto called the standard model “autistic.”" - Jason Wehmhoener
For a while I've subscribed to the Post-Autistic Economics Review, now known as the real-world economics review: http://www.paecon.net. The quality varies, but it's often thought-provoking. - Ruchira S. Datta
Thanks for the link Ruchira! - Nadine Schaeffer
Here's an old blogpost of mine about the quasi-scientific nature of neoclassical economics: http://ruchiradatta.blogspot.c... I didn't know about the historical background covered here, particularly the ties to evangelical Christianity. Thanks for posting the link, Nadine! - Ruchira S. Datta

