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About Us

We, The Post-Crash Economics Society, are a group of economics students at The University of Manchester. It is our belief that the content of the economics syllabus and teaching methods could and should be seriously rethought.

The Report

We have published a Report outlining what is wrong with economics education at the University of Manchester and in the UK. It includes a foreword by the director for Financial Stability at the Bank of England, Andrew Haldane.

Contact Us

If you want to join our mailing list, if you have any questions about upcoming events and lectures, schools of thought, what we’re working on or, if you have any suggestions for speakers you would like to see at our events or anything else please get in touch and we will endeavour to get back to you as soon as possible.
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Inequality and Poverty Module Petition

We are petitioning the University of Manchester Economics Department to introduce a module on the Economics of Poverty and Inequality. We believe that the content of this module is of great importance and interest to the student body, and should be available to select at some stage in the economics undergraduate curriculum.

If you are studying Economics in your degree at the University of Manchester, you can help us by signing the petition.

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Dissertation Survey

We have launched, together with the University of Manchester Students’ Union, a survey that aims to find out what are the students’ opinions on the currently available Economics dissertation modules. We will forward the results of the survey to the Economics Department of the University of Manchester in an effort to increase the accessibility of these modules in the future.

If you study Economics at the University of Manchester, you can access the survey by clicking the link below.


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Latest from our Blog

The Employers Panel Event

On Tuesday 7th February we were lucky enough to be joined by Frances Coppola, a former banker and now prominent financial writer, Andy Ross a former deputy of the Treasury and Howard Kingston, head of maritime insurance at the Zurich Insurance Group. Where we settled into a lecture theatre for an evening of insights into the world of work. A number of themes stood out, some related closely to the guiding topic of the talk (‘are our degrees failing us’) and most about general advice on how to approach the world of work. The message was nuanced, but broadly similar across the board: are degrees are not failing us, but they could be a lot better and more applicable to the working world. This models we learn are not useless but not always useful, and that what we learn is far from the whole picture. Andy Ross gave a number of very funny accounts of people using simple macroeconomic models to look at issues as complex as immigration. To this end Frances Coppola had a lot to say. Adding that we need to understand how things actually are: banks create nearly all of the money in circulation and that money itself, while it is often skirted over as a ‘means of exchange’, it can be far better understood as a product in of itself. A product that is bought and sold at a price determined by market forces, just like any other(take the dollar as an example here). Can an economics education that doesn’t really factor this in be considered fit for purpose? The world is messy and complex...

Governments: Fostering Crises and Stifling Entrepeneurs? An Evening With Matthew McCaffrey

On the Monday of December 5th we were joined by Matthew McCaffery for a low down and discussion of the famous and influential ‘Austrian’ school of economics. A school that builds up it’s analysis of the economy from the ground up, highlighting the importance of entrepeneurship, and the motivations and actions of individuals in the shaping of the economy. Although of course, to give a brief summary risks misrepresenting it, so for more details of what this school is about, and for an idea of how it analyses the world, you’d do well to look at a few of Matthew’s publications: http://www.manchester.ac.uk/research/matthew.mccaffrey/publications . The Austrian school struck us as having pretty watertight and often quite radical arguments. Matthew had strong responses for all our criticisms, one response that stood out especially was the response to the central argument of Mariana Mazzucato’s book the Entrepeneurial State, put forward by someone in the back rows. For many of us in the room the book is very much a knock out argument that reaffirms an idea that state intervention has been the most important force in our economic progress. Let’s just say that Matthew’s response ‘sent us back to the drawing board’ slightly. As we were very happy to see at PCES, the school had some interesting analysis on the role of debt, finance and money in the economy. Things that we can reasonably say are not heavily featured in mainstream economics. Some of us came in with preconceived ideas about the content of the talk, assuming it might be perhaps slightly right wing and even slightly inhumane. This was not the case, a strong...

The Econocracy: Manchester Book Launch

Recently, Joe Earle, Cahal Moran and Zach Ward-Perkins presented the central arguments of their book, The Econocracy, to a packed room in Uni Place. Noone could debate that these three had really thought this all out. Challenges were met always with referral back to the core message of the student movement, one which appeared more than ever to be uncontroversial. The room seemed engaged and respectful of the message. Present were all kinds of people of different ages and voices, ranging from one man who semi-jokingly suggested that economics as an entity might reasonably be discarded of, given it’s apparent uselessness in understanding the world. We had an engineering professor who proposed most enthusiastically that there should be a charter, similar to most professions. Such a charter would likely see countless economists struck off following 2008 of course, the thought of which elicited a chuckle from the audience. This proposition did seem to have a certain strength to it somehow. It stood out when Francesca in the work of PCES, rather than satisfying our youthful urge to ‘smash things up’, we instead reason and establish a dialogue with, the economics department and university at large. Rather than just expressing our frustrations to the good pedestrians of Oxford Road. This observation seemed particularly meaningful given the composition of the room where we had economics professors, administrators and general serious-looking adults. I was talking to a social anthropology professor in front of me who was most vociferous about how he thinks that social anthropology is in a similar state to economics. He talked of there being very specific case studies with...