chapter  7
26 Pages

Globalisation, government and power

Most people are put off by the world of economics. Too boring. Too obscure. Too technical. . . . After all, it’s what economists themselves would have us believe. They are the priesthood and we are the novices, waiting for the mysteries of the faith to be revealed. Despite their fancy forecasting tools and econometric equations, orthodox economists have been completely hopeless at predicting financial disasters or managing the international economy. They don’t know any better than the rest of us.