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Pluralist economics ‘marginalised’

A group of economists is backing demands from students for a more pluralist approach to economics teaching in UK universities.

“There exists a vibrant community of pluralist economists in the UK and elsewhere, but these academics have been marginalised within the profession,” the academics wrote in a letter to The Guardian, published on 18 November.

The letter responded positively to the creation of student societies, such as the Post-Crash Economics Society at the University of Manchester, calling for a change in the way economics is taught. The study of economics has become too narrowly focused and has stifled intellectual diversity, according to the students and the academics who support them. They point to the failure of economists to anticipate the 2008 financial crash as evidence for the dangers of current orthodoxies.

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