The economics profession is actively erasing the memory of its own crisis failures.

Evidence

Maybe we might extract a few lessons from the fiasco, if only to preserve some small part of the historical record before it is expunged from the collective memory of the profession (a purge that is already under way). Apologists are already hyperventilating that nothing untoward has happened. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 457

Categorization

• QUESTION: What specific mechanisms accomplish this memory purge — retractions, hiring practices, textbook rewriting? Worth pursuing in the later chapters.
• XREF: connects to: The economics profession reverted to its prior doctrines after the crisis — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 439; Economists involved in financial innovation disappear their own roles when narrating crises — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 571; Mainstream economists admit failure to predict the crisis but resist overhauling the discipline — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 517 (+1 more)

Broader Connections

• The economics profession reverted to its prior doctrines after the crisis #expands (0.90) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 439
• Mainstream economists admit failure to predict the crisis but resist overhauling the discipline #corroborates (0.90) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 517
• Economists involved in financial innovation disappear their own roles when narrating crises #epitomizes (0.85) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 571