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Public intellectuals and the financial crisis

Who has contributed best to the "public conversation" during these turbulent times? Prospect names the top 25 brains of the financial crisis

By Jonathan Ford   January 2010

A worthy winner: Simon Johnson, Professor at MIT, Peterson Institute fellow and former IMF chief economist

The financial crisis has destroyed both wealth and received wisdom. The idea that prices are always right and markets self-correct is fatally challenged. Even Alan Greenspan admits that the “whole intellectual edifice” of the efficient market hypothesis collapsed in the summer of 2008. The financial establishment is in a state of deep confusion. As the FT’s Gillian Tett put it in September’s Prospect: it is like “a priest who has lost faith in the Bible, but still has to go to church.” But this…

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