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How The Economy Works: Confidence, Crashes And Selffulfilling Prophecies,New le Carr Scholars Of LiteratureOf All The Economic Bubbles That Have Been Pricked,' The Editors Of The Economist Recently Observed, 'Few Have Burst More Spectacularly Than The Reputation Of Economics Itself.' Indeed, The Financial Crisis That Crested In 2008 Destroyed The Credibility Of The Economic Thinking That Had Guided Policymakers For A Generation. But What Will Take Its Place? In How The Economy Works, One Of Our Leading Economists Provides A Jargonfree Exploration Of The