How to teach economics II: Cognitive dissonance, the Global Financial Crisis and the discipline of economics
The global financial and economic crisis has produced a powerful shock to the worldview of an influential group of economists whom I call believers in laissez faire (BLF). I provide evidence which suggests that the BLF responded to this shock in a manner that can best be described as irrational, ill-considered and clearly erroneous. I consider the social-psychological concept cognitive dissonance as the best explanatory framework for understanding this response. Cognitive dissonance theory predicts that when real-world events “disconfirm” deeply-held beliefs this creates psychological discomfort in persons and they will respond by means of distortion and denial...
Adam Kessler in der - zum Abonnement empfohlenen! -aktuellen Ausgabe von
Ertürk
...
Ich verwies neulich schon auf: How to teach economics
Ergänzung:
13. Hannah-Arendt-Tage Hannover 2010:
Markt und Staat - Was lehrt uns die Finanzkrise
Begrüßung und (sehr lehrreich) Vortrag von Prof. Dr. Elmar Altvater
MP3 Download hier (31 MB)
Adam Kessler in der - zum Abonnement empfohlenen! -aktuellen Ausgabe von
sanity, humanity and science
real-world economics review
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In the
current issue, no. 54:
Cognitive dissonance, the Global Financial
Crisis and the
discipline of economics
Adam Kessler
Manifesto of the appalled
economists
Deleveraging is America’s
future
Steve Keen
Heterodox lessons from the crisis
Korkut AlpErtürk
...
Ich verwies neulich schon auf: How to teach economics
Ergänzung:
13. Hannah-Arendt-Tage Hannover 2010:
Markt und Staat - Was lehrt uns die Finanzkrise
Begrüßung und (sehr lehrreich) Vortrag von Prof. Dr. Elmar Altvater
MP3 Download hier (31 MB)
gebattmer - 2010/09/28 16:26
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