David Orrell — Economyths: The Five Stages of Economic Grief

Summary:
Swiss psychiatrist Elisabeth Kübler-Ross, a pioneer in the field of grief counselling, identified the five stages of grief as denial, anger, bargaining, depression, and acceptance. This extract from Economyths draws on her model of grief as inspiration to chart the long, arduous, but ultimately healthy and healing (we hope, it’s not over yet) process as the economics profession slowly comes to terms with its role in the Great Financial Crisis.... EvonomicsEconomyths: The Five Stages of Economic Grief David Orrell, applied mathematician

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Mike Norman considers the following as important: economics profession

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