POST-CRASH ECONOMICS SOCIETY
Economics, Education & Unlearning
The Post-Crash Economics Society began at Manchester University, with a group of economics students under the motto “The world has changed, the syllabus hasn’t”. Their belief is that the content of the economics syllabus and teaching methods could and should be seriously rethought. Several other Post-Crash Economics Societies have since been set up in other universities.
At Post-Crash they are committed to campaigning for a change in the syllabus itself. Whilst they believe events and discussion are extremely valuable, most students won’t receive the economics education they require unless the content of their degrees change. As a society, they are committed to pluralism within economics. They believe that the mainstream within the discipline has excluded all dissenting opinion, and the crisis is arguably the ultimate price of this exclusion. Alternative approaches such as Post-Keynesian, Marxist, and Austrian economics (as well as many others) have been marginalised. The same can be said of the history of the discipline. Students are routinely taught that only one form of economics is ‘scientific’ and ‘correct’. Complacency was therefore sure to arise, and the failure of so many mainstream economists to see the crisis appears to vindicate these worries. They hope to challenge this outlook that credits only one form of economics, and want to create an academic environment within economics that never rests on its laurels, and invites intrigue and critical thinking from students.