The future of economics, new circuits for capital, and re-envisioning the relation of state and market

The articles in these volumes raise a number of important issues that deserve more elaboration in future scholarship. This postscript touches on three of them. The first is the impact of the financial crisis on the discipline of economics and particularly the tendency of that discipline to proceed with little attention to the research of other social scientists. The second is that the speculative excesses in the financial markets require that we think about structural reforms that would create new routes for capital to be channeled to productive purposes. The third is the question of how people in the United States conceptualize the relationship between the state and the market.