Zombie Economics: How Dead Ideas Still Walk Amongst Us
John Quiggin
Black Inc., 2012
265 pages, $26.95 (pb)
“Being already dead,” says John Quiggin of zombie ideas in economics, “they can absorb all kinds of damage and keep lumbering on.”
And so, despite severe reality checks such as the historical Great Depression and the more recent Global Financial Crisis (GFC), classical free market economics continues to lead its undead life in the neoliberal form Quiggin calls “market liberalism”.