TY - BOOK AU - Rodríguez García-Brazales,Ángel AU - Turmo,Jorge AU - Vara,Oscar TI - Financial crisis and the failure of economic theory T2 - Modern Heterodox Economics Series SN - 9781848935150 PY - 2014/// CY - London, Brookfield, Vermont PB - Pickering & Chatto KW - Economic forecasts KW - Economics KW - Sociological aspects KW - Economic forecasting KW - fast KW - Economic Theory KW - Sociological Aspects N1 - Includes bibliographical references (pages 185-194) and index N2 - The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future.-- ER -