How economics teaching became the Aeroflot of ideas

Economics education has faced increasing criticism for its perceived lack of practical relevance and adaptability. Critics argue that the field has become outdated, much like how Aeroflot was viewed during the Soviet era – a symbol of inefficiency and isolation. Many believe that the teaching methods and curricula used today fail to incorporate modern economic realities and diverse perspectives. This has led to calls for a comprehensive overhaul of how economics is taught, emphasizing the need for updated frameworks that reflect current global dynamics and foster critical thinking. The debate continues as institutions weigh the balance between traditional theories and contemporary applications.

— News Original —
How economics teaching became the Aeroflot of ideas

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