Why we need to be wary of narratives of economic catastrophe

How the 2008 crisis messes with our understanding of narratives of global integration. "The real failure then of that financial mayhem was that its makers couldn't see how their heroic story of decontrolled Homo pecuniaria was responsible for the crisis – and instead compelled bystanders and taxpayers to pay the price." Jeremy Adelman, Henry Charles Lea professor of history and director of the Global History Lab at Princeton University, explores in Aeon magazine.