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"Economists Are The Forgotten Guilty Men"

By Hope4Unity - Feb 6th, 2009 at 6:45 am EST

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Tags: Anatole Kaletsky, Economics as a discipline, economists, Kamran Mofie

Reading Recommendations -- Dr. Kamran Mofid, Economist:

Dear friends of the Globalisation for the Common Good,

Economists are the forgotten guilty men

In the last few months or so, since the crash of neo-liberalism with its false teachings of the so-called modern economics, I have read 100s and 100s of articles on "Why" and "What" went wrong. Today (5.02.2009), in The Times, I think, I have read the best so far. I want to share this with you, a reading must for all those searching the truth. The article is written by Anatole Kaletsky. One of the UK's leading commentators on economics, he was formerly Economics Editor and is now an Associate Editor of The Times. He has won many awards for his financial and political journalism. Before joining The Times, he worked for 12 years on the Financial Times. Thus, we can agree that, he is writing with some authority. You can read his article below: Read the article: http://www.timesonline.co.uk/tol/comment/columnists/anatole_kaletsky/article5663091.eceHowever, there is one point which I wish to draw your attention to: **There were economists who saw what was coming, there were economists who began a process of self examination and self criticism, those who paid a heavy price for challenging what was going on and what was being taught at the departments of economics and the MBA programmes. Some economists, but sadly, not enough, stood up, to right the wrongs of their profession. This must be acknowledged, so that we maybe able to rescue the profession and the subject from total disgrace. Please see the link below, an Open Letter I sent to Her Majesty The Queen Elizabeth on this very subject- "An Answer to Her Majesty's question at the London School of Economics:"Why did nobody notice?"Read the Open Letter: http://www.globalisationforthecommongood.info/2008/11/14/an-answer-to-her-majesty%e2%80%99s-question-at-the-london-school-of-economics-%e2%80%9cwhy-did-nobody-notice%e2%80%9d/You may also be interested to see the Globalisation for the Common Good Initiative's Open Letter to President Obama:http://my.barackobama.com/page/community/post/No%20More%20Fear/gGxtQl#extendedAs ever yours,Kamran.........................................
Kamran Mofid PhD (ECON)
Founder, Globalisation for the Common Good Initiative
www.globalisationforthecommongood.info
Co-editor, Journal of Globalisation for the Common Good
www.commongoodjournal.com
Globalisation for the Common Good, Chicago 2009
http://www.gcgchicago2009.info/
"The world cannot get out of its current state of crisis with the same thinking that got it there in the first place". Albert Einstein

Announcing the 8th Annual Conference

"Globalization:

The Challenge to America"

May 31 – June 4, 2009

Loyola University • Chicago, Illinois, USA

Click here for Chicago 2009

http://www.gcgchicago2009.info/

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