In the years following the global financial crisis, the academic study and teaching of economics has come in for a bashing. In fact, it has faced the kind of fundamental criticism rarely directed towards entire disciplines.
The apparent failure of economists to predict, let alone prevent, the 2008 crash has led to accusations that conventional economic teaching cannot adequately explain the complex dynamics and risks of modern economies.
Among those championing reform have been disgruntled students, who have demanded that a more “pluralist”, diverse, range of theories be taught on their undergraduate degrees