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OK, this post is already way too long, but one final thing. Physicists, I think, become even more drawn to economics when we look into economics and see broad resistance to research pursuing this "complexity" perspective. It seems instead that most of mainstream research tries to get around system complexity with mathematical tricks, rather than facing up to it. I'm thinking about ideas like representative agents, or rational expectations. The assumptions make it possible to build models without having to deal with the complexity of interactions and the emergent structures they create; but the resulting models, naturally, look very pale and questionable as models of anything real. When physicists see that a small minority of ("heterodox") economists also find the standard approach hugely limiting, they feel an urge to help out. And they believe that some of their ideas can help.

We established an international online dialogue on the requirements for pluralist economics teaching Phase I developed the broad approach on criteria, evidence and governance. Phase II to develop a detailed approach to accreditation of programmes.

Mainstream economics has demonstrated blind spots that have impaired its effectiveness and credibility-and failed society at large Founded in the wake of the financial crisis in 2009, the Institute for New Economic Thinking (INET) is a nonpartisan, nonprofit organization devoted to developing and sharing the ideas that can repair our broken economy and create a more equal, prosperous, and just society.

These blogs begin with the basics; no previous knowledge of MMT-or even of economics-is required. The blogs are sequential; each subsequent blog builds on previous blogs. The blogs will be at the level of theory, with only limited reference to specific cases, histories, and policies.