QOTD: Why Modern Economists Lean Left

It’s worth asking: Why has economics shifted to the left? Maybe it’s because the country itself, and its problems, have shifted. In the 1970s, when conservatism and Friedman became the face of economics, we faced high tax rates, heavy regulation, high inflation and powerful unions. But in 2015, we confront rising inequality, economic insecurity, and the aftermath of a financial crisis and a long, deep recession.

Maybe a country simply gets the economics it needs.

What's been said:

Discussions found on the web
  1. w88 commented on Sep 21

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2015/01/09/qotd-why-modern-economists-lean-left/ […]

  2. Smith and Wesson commented on Oct 14

    … [Trackback]

    […] Here you will find 13625 more Information on that Topic: thereformedbroker.com/2015/01/09/qotd-why-modern-economists-lean-left/ […]