University of Cambridge > Talks.cam > St Catharine's Political Economy Seminar Series > 'In combating austerity, pure theory matters’

'In combating austerity, pure theory matters’

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John Eatwell has been particularly struck by the a-theoretical stance of the austerity-opposition. In part this is understandable as a reaction to the obscurantist scholasticism of the economic orthodoxy. But it also represents a fundamental failure to engage with our fellow economists – the stated objective of the General Theory. John Eatwell will illustrate why pure theory debates are a key component in opposition to the damaging policies that dominate current policy, and that the theoretical failures of the opposition have strengthened the austerity school.

This talk is part of the St Catharine's Political Economy Seminar Series series.

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