The Introduction

Economics is is a science that exerts an enormous, yet generally under appreciated influence on all of humanity. It is this field that influences but also seeks to understand, predict the plethora of occurrences that relate to the economic interactions of man.

• A worker is laid off? an economic theory behind it
• Petrol/food/anything price increase? an  economic theory behind it
• Imports from China increase? an economic theory behind it
• Can't find a job? an economic theory behind it

You get the idea.

The beauty of economics is that it evolves. It is not this great, monolithic theory that brooks no change. Rather, it morphs and adapts seeking to explain, but also better the world.

Or at least it's supposed to. The unfortunate reality is that in recent decades economics has became somewhat derivative, without any real challenges to the commonly accepted viewpoints. The teaching of economics has also stagnated. In its teaching, theories which ought to be presented with contrasting views are in fact presented as the sole truth. An "over mathematisation" has also occurred with great reliance being placed on econometric models.

Furthermore, the great promises and accompanying jargon of the current economic thought have proven to be hollow platitudes. In an era of increasing inequality, large unemployment (particularly amongst the youth) it is abundantly clear that change is needed.

As a post-graduate student in economics, I see this blog as a place to voice my views regarding this change. I have many ideas for economics some certainly better than others, some evolutionary and some, I hope, that can change the course of economics, that can better the lives of all men, some that are truly revolutionary.