Two hundred years ago today, on 11 September 1823, the classical economist David Ricardo died at his grand country estate in the Cotswolds surrounded by his family. He was only 51 years old.
Category: Economics
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.
A posthumous ‘guest blog’ by the well-known political economist Susan Strange (1923-1998). Her only published autobiographical writing now online for the first time.
Complex models were at the root of the global financial crisis in 2008. Now, they have delayed action on tackling a global pandemic.
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
The 8th way to think like a 21st-century economist is to “recognise our evolution: from ruthless competition to a new relationship with nature”
London School of Economics professor, Susan Strange, who died in 1998 and recognised the growing systemic risks which led to the 2008 global financial crisis decades before most economists, is experiencing a revival of interest. But what are her big ideas?