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News & Notes

Notes on headlines and reports

Financial Times editors call for Marx to return to universities

Briefly noted: in an in-depth and, in keeping with tradition, unsigned editorial, the Financial Times has lamented the present state of affairs in university economics departments worldwide, in which an exclusive focus on quantitative analysis and reasoning has risen to unchallenged prominence. As a corrective, the editors advocate a return of Marx, Schumpeter and Hayek to the lecture theater.   

Marx, after his usual fashion, would surely have written “recte” in the margin.

»THE CRISIS IN THE CONCEPT OF THE

WORLD ORDER (IS) THE ULTIMATE

INTERNATIONAL PROBLEM OF OUR DAYS.«

Henry Kissinger,„World Order“, August 2014