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A new website has been launched to encourage young people and the wider public to learn more about and engage with economics.
was created by which was set up in 2012 and describes itself as āan international network of students, academics and professionals building a better economics in society and the classroomā through āa mixture of campaigning, events and engaging projectsā.
Although the core membership is 40 student groups in 15 countries, they enjoy strong support from academic economists such as Robert Skidelsky and Ha-Joon Chang as well as Andy Haldane at the Bank of England and Financial Timesā chief economics commentator Martin Wolf.
The goal of Rethinking Economics, explained communications officer Calum Mitchell, is to āchallenge the current way economics is taughtā and to āsupplement the single model of the economyā often taught in universities with other perspectives.
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Among barriers to āensur[ing] that universities are hiring an intellectually diverse community of academics capable of teaching the economics we want to seeā, the website points to the fact that āfunding for university departments (and thus faculty salaries) is often allocated by a national judging panelā.ĢżSince āthese are often dominated by prominent neoclassical economistsā, they are āunlikely to award funding for research and teaching that does not match their own understanding of economicsā.
Yet alongside reforms within higher education, the Rethinking Economics network seeks to ādemocratise economicsā and create ācitizens confident in discussing economic issues andā¦holding economic decision-makers to accountā.
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The website is specifically designed to achieve this by cutting through jargon and showing how economic ways of thinking can illuminate many aspects of our lives. It offers news, entertainment and even sport.
Although the editorial team is based in London, Mr Mitchell said that they already have āscheduled contributions from all six continentsā, with topics covering everything from the American presidential debates, the refugee camp in Calais, the ailing Greek economy and Syrian voices on social media to food choices, prison reform and treatments for HIV/Aids.
The new site was officially launched on 29 September at a quiz night where comedian Sara Pascoe attempted to answer the question āHow many jobs does BeyoncĆ©ās hair create?ā
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