The global financial crisis of 2008 took the world by surprise. Few mainstream economists saw It coming. Most were blind even to the possibility of such a catastrophic collapse. Since then, they have failed to agree on the interventions required to fix it. But it's not Just the crash: there is a growing feeling that orthodox economics can't provide the answers to our most pressing problems, such as why inequality is spiraling. No wonder there's talk of revolution. Earlier this year, several dozen quiet radicals met in a boxy red building on the outskirts of Frankfurt Germany, to plot just that. The stated aim of this Ernst Strungmann Forum at the Frankfurt Institute for Advanced Studies was to create "a new synthesis for economics". Here, Douglas explores whether knowledge of biology can help people avoid another financial meltdown
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