Dilemmas of great and good
Mainstream economists cannot provide the answers needed to revive a system mired in stagnation. Michael Roberts reports on the annual gathering of the American Economic Association
The conference of the American Economic Association was unusual this year, for obvious reasons. Instead of 13,000 academic and professional economists descending on an American city to present and discuss hundreds of submitted papers over a few days, because of the Covid-19 pandemic, ASSA 2021, as the conference was called, was virtual. Despite that, there were a host of papers presented - along with plenaries of the great and good in mainstream economics and economic policy.