Can we rebuild the economic consensus?

Yueh, L (2020) Can we rebuild the economic consensus? Global Perspectives, 1 (1). p. 13909. ISSN 2575-7350 OPEN ACCESS

Abstract

There are times in history when the consensus about our economic system breaks down. It happened after the Long Depression, also known as the Great Depression of the 19th century, and again in the 20th century around the Great Depression of 1929-1933, as well as after the Great Recession of 2008-2009 that followed the global financial crisis. The Covid-19 great crash, which carries the risk of a deep downturn, has led governments to take extraordinary measures in all areas of our lives. This has further fuelled the need to discuss how to rebuild the consensus about the most appropriate economic system for the 21st century as the great question of our time.

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Item Type: Article
Subject Areas: Economics
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This is a reflection piece invited for the Dahrendorf Symposium.
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Date Deposited: 14 Sep 2020 09:15
Date of first compliant deposit: 14 Sep 2020
Subjects: History of economic thought
Capitalism
Economic conditions
Last Modified: 05 Nov 2024 03:08
URI: https://lbsresearch.london.edu/id/eprint/1478
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