The LSE professor who foresaw more aspects of the 2008 global financial crisis than anyone else
Category: Article
Susan Strange (1923-1998) deserves to be known as the professor at the London School of Economics (LSE) who saw the 2008 global financial crisis coming.
When Robert Merton and Myron Scholes won the Nobel Prize in Economics, they had no idea that less than a year later the hedge fund they had helped create would collapse and have to be bailed out to the tune of $3.6 billion.
Why George Orwell makes me feel less of a fool for questioning how Charles Darwin’s ideas twist our politics and economics