Economic History
In decline, Economic History has been removed from many economics degrees, a decision which will prove lamentable I am sure. To have a coherent understanding of the current state of economies, it is imperative that students study economic history. It is almost non-existent in A-levels, and an option at best in most degrees. There are exceptions - e.g. Cambridge has a compulsory module on it in Part 1, Oxford / Warwick etc.
John Maynard Keynes
Steph Flanders on Keyne
Why study economic history?
In this tenth lecture in INET’s “How and How Not to Do Economics,” Robert Skidelsky argues that there are two main reasons why economists should study history. The first is to make history better. The second is to make economics better. If history is the study of the particular, and economics of the general, the value of history to economics is to enable them to make their generalizations more concrete and admit their limits.
Hayek
BBC’s Steph Flanders on…
Karl Marx
Stephanie Flanders examines one of the most revolutionary and controversial thinkers of all. Karl Marx's ideas left an indelible stamp on the lives of billions of people and the world we live in today. As the global financial crisis continues on its destructive path, some are starting to wonder if he was right.