What Can Economists Agree on These Days? A new book, “The London Consensus,” offers a framework for rethinking economic policy in a fractured age of inequality, populism, and political crisis.

''Polanyi argued that the economy is embedded in, and subordinate to, a preëxisting set of social structures, and efforts to reverse this chain of authority inevitably lead to powerful counterreactions, which can be as peaceful or as violent as circumstances dictate.'' #Polanyi #counterreactions