Written By: - Date published: 10:14 am, August 24th, 2011 - 20 comments
It’s interesting to watch the economists flip as the economic system implodes. The most dramatic (and welcome!) NZ example has been Bernard Hickey but many of his colleagues are also throwing off their neoliberal blinkers. In this post, a former NZ Reserve Bank adviser explains why the world economy is mired in crisis and why it won’t just fix itself.