Is Economics the modern version of ancient myths and fairy tales?
Let us not forget that in spite fancy mathematic formulae, Economics is a social science. Dangerous when dogmatic, and a tool capable of both good & bad things.
It should be noted that a lot of the dominant economic theories & dogmae have Anglo-American (and in some cases Central Europe eg Austrian) roots and bias thus are not fit for global appeal and application.
On top of that, a lot of the old made in USA & UK liberal, capitalist, free-market economic theories are not popular in the USA & UK of today!
Yes, IMO, Economics as we know it, is in "crisis". Maybe a new version/release, upgraded and suitable for global use and with elements for global appeal is in order!
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