Where do I sign?
Sunday, October 24, 2010 at 11:09AM
Skeptic in Economics--intellectual crisis

An international student movement to free standard economics curriculum from its neoclassical straightjacket was launched last week at UC Berkeley. Courtesy of Real-World Economics Review, here it is: 

Kick It Over Manifesto 

We, the undersigned, make this accusation: that you, the teachers of neoclassical economics and the students that you graduate, have perpetuated a gigantic fraud upon the world. 

You claim to work in a pure science of formula and law, but yours is a social science, with all the fragility and uncertainty that this entails. We accuse you of pretending to be what you are not.

You hide in your offices, protected by your mathematical jargon, while in the real world, forests vanish, species perish and human lives are callously destroyed. We accuse you of gross negligence in the management of our planetary household.

You have known since its inception that one of your measures of economic progress, the Gross Domestic Product, is fundamentally flawed and incomplete, and yet you have allowed it to become a global standard, reported day in, day out in every form of media. We accuse you of recklessly projecting an illusion of progress.

You have done great harm, but your time is coming to a close. Your systems are crumbling, your flaws increasingly laid bare. An economic revolution has begun, as hopeful and determined as any in history. We will have our clash of economic paradigms, we will have our moment of truth, and out of each will come a new economics – open, holistic, human‑scale.

On campus after campus, we will chase you old goats out of power. Then, in the months and years that follow, we will begin the work of reprogramming your doomsday machine.

Sign the manifesto at
www.kickitover.org

Update on Tuesday, October 26, 2010 at 06:55AM by Registered CommenterSkeptic

This is getting personal at Berkeley. The Manifesto was nailed to the door of a Nobel laureate, and an adjunct professor sends an email denying he's irrelevant.  Link.

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