On this week's edition of The Business, instead of discussing the economic crisis – we examine the crisis of economics.
Aditya Chakrabortty's joined in the studio by the Guardian's economics editor Larry Elliott, as well as Roger Bootle, the managing director of Capital Economics, and political economist and John Maynard Keynes biographer Robert Skidelsky.
Also in the podcast, we hear from Nobel prize-winning economist, Elinor Ostrom, Freakonomics author Steven Levitt, and UN advisor and developmental economist Daniel Gay.
With this stellar line-up, we analyse the past, present and future of a humbled profession and ask, why did so few people see this downturn coming? What lessons can we draw from Keynesianism and the economic theories of the past, now that the Washington consensus and the unshakeable belief in market fundamentalism has been shattered?
Have a listen to the show, and post your comments on the blog below
