Hugh Pemberton (Bristol): Macro-economic Crisis and Policy Revolution. The central thesis of Thomas Kuhn’s book The Structure of Scientific Revolutions is that we live by paradigms — so have we just been through a paradigm shift in economics? An interview with James K. Galbraith: “There is no return to self-sustaining growth”. From The Baffler, let them eat dogma: Chris Lehmann on the 1930s and its parallels to our current predicament; and a review essay on the financial crisis. The few regulatory measures introduced since the financial collapse in 2008 are being supervised by the same banking sector that caused it in the first place; governments' delegation of regulatory responsibilities has deeply negative implications for democracy. An excerpt from On the Brink: Inside the Race to Stop the Collapse

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