Summer Academy for Pluralist Economics 2018: Ten Years After The Crash

The financial crisis of 2008 is an iconic symbol of our current economic system’s limits. And it displays the deep crisis of economic thinking. Students who want to explore and understand these challenges have to state that their Economics classes do not deliver satisfying explanations – most of them do not cover the pressing issues at all.

Contemporary political and societal challenges demand answers from economics. But predominant economic teaching remains indifferent.

Instead of offering smart solutions and fresh ideas, economists continue to work on the same intellectual fields as in past decades: growth and productivity, efficiency and rationality, equilibrium and exogenous shocks. The pressing issues of our time remain in the dark: finite resources, pollution of the environment, equality of opportunity, global power structures, models of a good life.

We are here to change that. And this is why we organize this 2nd summer academy. We want to think outside the box and widen our view with new and different perspectives on the economy. We want to bring together people with different backgrounds and perspectives and develop a more detailed understanding of the foundations and limitations of economics. Because our world is more complex than what one theory alone could grasp.

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