Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown
“A powerful critique of neoclassical economics.” —Times Higher Education“It is hard to imagine a historian who was not an economist (as Mirowski is) being able to encompass the economics of the second half of the 20th century in its diversity and technicality.”—London Review of Books“Philip Mirowksi is the most imaginative and provocative writer at work today on the recent history of economics.”—Boston Globe“A fascinating account of how the disastrous failure of mainstream economists to predict the economic crisis put them more firmly in control of policy debates than ever before.” —DEAN BAKER, Codirector of the Center for Economic and Policy Research “Mirowski exposes the neoliberal takeover of minds and culture with an erudition, style and—dare I say it?—vocabulary that makes deep digging in this Great Bog of Repression almost a pleasure. This book shows how economic ideas caused the crisis. And it demonstrates their enduring triumph, which is that nothing has changed or will change, as we careen from the last disaster to the next one.”  —JAMES K . G ALBRAITH, author ofThe Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too “The best and most thorough treatment of the financial crisis’s impact upon the economics profession, and especially its neoliberal wing. Mirowski is an excellent guide to the literature on all sides of this debate.” —DUNCAN FOLEY, author ofAdam’s Fallacy: A Guide to Economic Theology “A study guide for those who sawInside Joband want more. Mirowski has read and digested virtually everything written about the financial crisis. He despairs of the failures of the economics profession to explain it, and especially what he calls the ‘level-headed left.’ Anyone who reads it will recognize the author’s enormous energy and originality.” —DAVID WARSH, author ofKnowledge and the Wealth of Nations “A raucous, irreverent and highly perceptive analysis of how neoliberal economics not only survived the 2008 financial crisis, but even prospered in its aftermath. Mirowski’s book is a lively and far-reaching discussion of how it got us into this deep mess.” —GERALD EP STEIN, Codirector of the Political Economy Research Institute, University of Massachusetts, Amherst From the Hardcover edition.