REAL ECONOMIES AND THE ILLUSIONS OF ABSTRACTION

Ethical Markets - R Reforming Global Finance, Articles by Hazel Henderson, Beyond GDP

World Affairs: The Journal of International Issues, Vol. 15 No. 1 Winter Hazel Henderson © 2010 The yawning gap between the real world and the discipline and profession of economics has never been wider.  The ever-increasing abstractions in finance and its models based on “efficient markets” and “rational actors”: capital …