{"id":81,"date":"2013-08-31T09:51:30","date_gmt":"2013-08-31T07:51:30","guid":{"rendered":"http:\/\/netoek.dk\/w\/?page_id=81"},"modified":"2013-08-31T10:17:44","modified_gmt":"2013-08-31T08:17:44","slug":"we-need-different-kinds-of-economics-from-freemarket-economics","status":"publish","type":"page","link":"https:\/\/netoek.dk\/w\/?page_id=81","title":{"rendered":"&#8220;&#8230;we need different kinds of economics from freemarket economics&#8221;"},"content":{"rendered":"<p><strong><\/strong>&#8220;Good economists are not required to run good economic policies. The economic bureaucrats that have been most successful are usually not economists. During their \u2018miracle\u2019 years, economic policies in Japan and (to a lesser extent) Korea were run by lawyers. In Taiwan and China, economic<br \/>\npolicies have been run by engineers. This demonstrates that economic success does not need people well trained in economics \u2013 especially if it is of the free-market kind.&#8221;<\/p>\n<p>&#8220;Indeed, during the last three decades, the increasing influence of free-market economics has resulted in poorer economic performances all over the world, as I have shown throughout <a title=\"Se hos amazon\" href=\"http:\/\/www.amazon.co.uk\/Things-They-Dont-About-Capitalism\/dp\/1846143284\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1285251856&amp;sr=1-1\" target=\"_blank\">this book<\/a> \u2013 lower economic growth, greater economic instability, increased inequality andfinally culminating in the disaster of the 2008 global financial crisis. Insofar as we need economics, we need different kinds of economics from freemarket economics.&#8221;<\/p>\n<p><em>Fra <a title=\"Se bogen i amazon\" href=\"http:\/\/www.amazon.co.uk\/Things-They-Dont-About-Capitalism\/dp\/1846143284\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1285251856&amp;sr=1-1\" target=\"_blank\">&#8220;23 Things they don&#8217;t tell you about Capitalism&#8221;<\/a> af professor <a title=\"Changs website\" href=\"http:\/\/hajoonchang.net\/\" target=\"_blank\">Ha-Joon Chang<\/a>, Cambridge University, UK,\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Good economists are not required to run good economic policies. The economic bureaucrats that have been most successful are usually not economists. During their \u2018miracle\u2019 years, economic policies in Japan and (to a lesser extent) Korea were run by lawyers. In Taiwan and China, economic policies have been run by engineers. This demonstrates that economic &hellip; <a href=\"https:\/\/netoek.dk\/w\/?page_id=81\" class=\"more-link\">L\u00e6s videre <span class=\"screen-reader-text\">&#8220;&#8230;we need different kinds of economics from freemarket economics&#8221;<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":10,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-81","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/pages\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81"}],"version-history":[{"count":1,"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/pages\/81\/revisions"}],"predecessor-version":[{"id":82,"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/pages\/81\/revisions\/82"}],"up":[{"embeddable":true,"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=\/wp\/v2\/pages\/10"}],"wp:attachment":[{"href":"https:\/\/netoek.dk\/w\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}