For those interested in new models, may I suggest the work of Steve Keen, one of the economists who did predict the financial crisis. I have been following Steve&#x27;s work since the mid-2000s, and it is a more convincing framework for thinking about the economy than most other things I have read. Examples here [1] and here [2].<p>The intellectual bankruptcy on modern neoclassical economics is exposed in some of the battles Steve has had to fight over the years, such as criticism for using debt toGDP ratio [3]. If neoclassical economists cannot even describe how money is created in the modern economy, what meaningful contribution do they have to describing an economy? [4]<p>[1] <a href="http:&#x2F;&#x2F;www.debtdeflation.com&#x2F;blogs&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.debtdeflation.com&#x2F;blogs&#x2F;</a><p>[2] <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;user&#x2F;ProfSteveKeen&#x2F;videos" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;user&#x2F;ProfSteveKeen&#x2F;videos</a><p>[3] <a href="http:&#x2F;&#x2F;www.debtdeflation.com&#x2F;blogs&#x2F;2009&#x2F;03&#x2F;14&#x2F;rory-robertson-designs-a-car&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.debtdeflation.com&#x2F;blogs&#x2F;2009&#x2F;03&#x2F;14&#x2F;rory-robertson...</a><p>[4] <a href="http:&#x2F;&#x2F;www.businessspectator.com.au&#x2F;article&#x2F;2012&#x2F;10&#x2F;22&#x2F;commodities&#x2F;myth-money-multiplier" rel="nofollow">http:&#x2F;&#x2F;www.businessspectator.com.au&#x2F;article&#x2F;2012&#x2F;10&#x2F;22&#x2F;commo...</a>