Narrow economics training makes practitioners mistake ignorance for intellectual freedom
Evidence
The profession had been rendered starkly more homogeneous in outlook and training, not least through graduate recruitment of tyros with no undergraduate degree in economics, which had significant consequences for the bumbling responses of economists when the crisis hit. Training and backgrounds had grown so narrow that the newer generation had no idea there had ever been anything alien to their tradition, and hence their impressions of intellectual freedom were simple artifacts of their ignorance. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 64
Categorization
- XREF: Relates to the reader’s advanced critique of why economists fumbled 2008 — homogeneous training structurally disabled heterodox responses. — connects to: Neoliberal intellectuals exploit economists’ ignorance to justify abandoning regulation while exempting themselves — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 50
- corroborated: 3 independent passages support this claim — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 64