The current crisis is like an earthquake for the theoretical foundations of economic policies, which have guided …

The current economic crisis offers an historic opportunity for change. The depth of the crisis means there will likely … intellectual change is attitudes toward financial regulation. These obstacles will mute the policy response to the crisis, and if a … deep crisis is averted will tend to encourage a return of the existing policies that have failed so disastrously. …

and a global economic crisis. According to Research Associate Thomas Palley, the neoliberal economic policy paradigm … underlying that agenda must itself change if there is to be a successful policy response to the crisis. Mainstream economic … theory remains unreformed, says Palley, and he warns of a return to failed policies if a deep crisis is averted. Since Post …