"TEN YEARS AFTER THE CRASH". - LINK TO GUEST BLOG FROM REV PAUL NICOLSON
The Queen famously asked economists at the LSE in November 2008, ‘Why did no-one see it coming?’. She was told by a group of economists that “The Financial Crash showed up the weaknesses of mainstream economics and neo-classical models”. Yes it did but that is not the whole answer to the question. It ought to have been “There were a few well qualified people jumping up and down on the touch line Your Majesty, hollering for all they were worth ‘the current trend is unsustainable'”; but neither the economic establishment nor government were listening”.