Zombie Economics

In a world where outdated economic theories refuse to fade away, John Quiggin brings forth a compelling examination of the persistence of these 'zombie' ideas. He explores how antiquated concepts continue to influence policy and public thought, often with detrimental effects. The author argues that these ideas, much like the undead, refuse to stay buried, leading to misguided decisions that can have far-reaching consequences.

Quiggin shines a light on the myths that underpin our understandings of finance and economics, presenting a thoughtful critique that challenges readers to reconsider widely accepted beliefs. Through a blend of historical analysis and contemporary examples, he urges a fresh perspective on economic policy, emphasizing the importance of adapting theories to today's realities to avoid repeating the mistakes of the past.