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Nat Dyer joins us to explore how economics became detached from the real world – and why reconnecting it is vital to confronting today’s global challenges.
In this episode, we welcome Dr Nat Dyer, journalist, researcher and author of Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray. With clarity and wit, Nat takes us inside the story of how mainstream economics became unmoored from reality, tracing its detachment back to the legacy of David Ricardo and the seductive pull of abstract models.
With references to Strange’s notion of “casino capitalism,” the seduction of mathematical formalism, and the dangers of expert overreach, this is a conversation about reclaiming economics for democratic debate and social purpose. At a time of deep planetary and political instability, the stakes of getting economics right – and getting it real – could not be higher.
Nat is an independent researcher, writer and journalist. His book Ricardo’s Dream is published by Bristol University Press. He writes regularly on the history of economics, the politics of expertise and the legacy of Susan Strange.
Nat Dyer’s website can be found here: https://www.natdyer.com/
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