"It was at this time that Dondon and many others absorbed ideas like rational expectations and efficient markets, which became en vogue.
But economic history is like a pendulum.
By the late 1990s, in the aftermath of a series of crises, the ideology of the free market -- as expressed in the so-called Washington Consensus -- faltered and retreated."
"Economics is the study of wealth, so economic history is, like political history, the study of wealth in a given society. How is it produced? How is it distributed? How is wealth consumed? For instance, how does agriculture, or industry, or trade operate? "
METAMIA is a free database of analogy and metaphor. Anyone can contribute or search. The subject matter can be anything. Science is popular, but poetry is encouraged. The goal is to integrate our fluid muses with the stark literalism of a relational database. Metamia is like a girdle for your muses, a cognitive girdle.