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The financial crisis of 2008-09 may have occurred a decade ago, but we are still dealing with the repercussions today, including a global populism wave. The crisis has also led to the demise of economists’ unwavering belief in market efficiency that had guided economic policy for decades. A new paradigm is urgently needed with new policies to address today’s pressing issues, such as growing inequality, climate change and rising trade protectionism.


DOI: 10.1007/s10272-018-0732-9