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439 Poets' Guide to Economics (with John Ramsden)

The History of Literature

00:00

Are We Losing Something From Economics?

Economics was seen as part of common experience in the seventeenth, eighteenth and nineteenth centuries. Poets such as Daniel Defoe were good at critiquing economic dogmas of their day. But economics is based on assumptions which need to be questioned all the time. The great financial crash of two thousand and seven, two thousand and eight could not have been predicted by economists.

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