Crash was fuelled by academic journals

CHIMO

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Fri Feb-18-11 08:04 PM
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Crash was fuelled by academic journals

Philip Inman (Scene of the crime, G2, 18 February) describes the complicity of economics academics in the crash. They were responsible for providing an intellectual gloss for reckless and maybe criminal behaviour. They did not rob the banks but they put the fuel in the getaway car. They circulated their legitimising patina in the house journals of their club: the leading economics journals beloved of the US and UK business schools.

http://www.guardian.co.uk/education/2011/feb/19/crash-fuelled-by-academic-journals

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