Now, contrast this with our predicament in 2012. [fact]
Now, contrast this with our predicament in 2012. All around, from the most rabid Hayekian on the right to the polemical Joseph Stiglitz on the “legitimate left,” almost every economist enjoying a modest public profile now proclaims that the crisis clearly demonstrated that his own favorite economic theory was right after all, and consequently, there is no need to call for any thoroughgoing revisions to economics.
Philip Mirowski, Never Let a Serious Crisis …, loc. 442