Economics 4 People

From the Valley Advocate of Northampton, Mass.:

Popular economics education? The phrase seems oxymoronic. What field is more institutionalized and less popularized than economics?

Yet here is Econ4, a new initiative floating around the outskirts of economic academia, aiming to “end intellectual monoculture in the economics profession.”

Why are they doing this? And just what do they hope to accomplish?

“In the wake of the financial crisis, there was a need and demand for a better understanding of economics, more rooted in reality,” James Boyce tells me as we talk in his office. “You can’t delegate this stuff to the high priests of academia, Wall Street, and the Treasury Department.”

Read more here.