What’s missing at the heart of macroeconomics?

The policymakers of the future – today’s economics students – are being sold a model of the economy that is not just long out-of-date, but downright dangerous. Why? Because it is silent on four critical issues that 21st century macroeconomics cannot afford to ignore. I couldn’t resist the chance to talk about it at a 5×15 event curated by George Monbiot last week. Here’s a 15 minute video of my take on what’s missing at the heart of macroeconomic thinking – and how we can fix that by starting a revolution with our pencils.

My fellow 15-minute speakers that night were Danny Dorling, Ms Jack Monroe, Tim Jackson, and George Monbiot – check out their great talks, all on the theme of Capitalism and its Discontents.

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