Contemporary economic thought is dominated by a habitual outlook, formalism, which almost completely precludes consideration of the problem of lives and livelihood. In this light, critically analyze the following digital media discussing the limitations of formalism of the disembedded economy.

Identifying Economic Problems – Critical Points in Contemporary Economic Theory

Contemporary economic thought is dominated by a habitual outlook, formalism, which almost completely precludes consideration of the problem of lives and livelihood.

In this light, critically analyze the following digital media discussing the limitations of formalism of the disembedded economy.

Panic: The Untold Story of the 2008 Financial Crisis