Economists in the Doghouse

The economics profession has sought to reinvent itself since the its failure to foresee the 2008 financial crisis.

Manuela Saragosa speaks to two economists: Wendy Carlin discusses her efforts to transform the way economics is taught in universities in order to make it more relevant to the real world; and Mariana Mazzucato explains why she thinks one of the biggest problems is false narratives that have been peddled to policy-makers and the public about how the economy works.

(Picture: Sad-looking bulldog wearing glasses; Credit: monkeybusinessimages/Getty Images)