r/TrueReddit 6d ago

Business + Economics Economics teaching has become the Aeroflot of ideas. The discipline is failing students by ignoring the biggest social, political and ecological challenges facing the world today

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

46 comments sorted by

View all comments

5

u/Big_Wave9732 5d ago

University level economics is still dominated by the Chicago school (Milton Friedman etc).

There are some economists that have acknowledged the deficiencies that OP is describing. Check out Behavioral Economics.

7

u/plummbob 5d ago

Behavior economics is like in every undergrad program. There are no real "schools" of thought in economics.