Business Daily

Economists in the Doghouse

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Synopsis

The economics profession has sought to reinvent itself since the its failure to foresee the 2008 financial crisis.Manuela Saragosa speaks to two economists: Wendy Carlin discusses her efforts to transform the way economics is taught in universities in order to make it more relevant to the real world; and Mariana Mazzucato explains why she thinks one of the biggest problems is false narratives that have been peddled to policy-makers and the public about how the economy works.(Picture: Sad-looking bulldog wearing glasses; Credit: monkeybusinessimages/Getty Images)