TY - JOUR A1 - Hassel, Anke A1 - Schelkle, Waltraud T1 - The Policy Consensus Ruling European Political Economy: The Political Attractions of Discredited Economics JF - Global Policy (gp) N2 - Since the Great Recession in 2008 academic economics has come under heavy criticism. But a straightforward alternative is not in sight either. We analyse in this article how the major flaws of applied economics are the mirror image of its attractions to policymakers, mainstream political parties and reform-minded administrations. We first assess what the consensus until recently has been and how it could have been implicated in the crisis. Secondly, we argue, following Hall, that the policy consensus continues to persist because it is politically attractive. The article ends with observations of how the management of the Euro area crisis still shows the attractiveness of the consensus. Y1 - 2012 U6 - https://doi.org/10.1111/1758-5899.12012 SN - 1758-5899 VL - 3 IS - s1 SP - 16 EP - 27 PB - Wiley-Blackwell CY - Hoboken (NJ) [u.a.] ET - Special Issue ER - TY - JOUR A1 - Hassel, Anke A1 - Schelkle, Waltraud T1 - Hier spricht man deutsch JF - Berliner Republik: das Debattenmagazin Y1 - 2011 UR - http://www.b-republik.de/archiv/hier-spricht-man-deutsch?aut=895 VL - 2011 IS - 5 SP - 8 EP - 13 PB - Berliner Vorwärts-Verlagsges. CY - Berlin ER - TY - CHAP A1 - Hassel, Anke A1 - Schelkle, Waltraud T1 - Europe’s illusionary straitjacket T2 - The Future of Economic Governance in the EU: And where does this leave Britain? Y1 - 2012 N1 - Free online access: http://www.policy-network.net/pno_detail.aspx?ID=4136&title=Europe%E2%80%99s+illusionary+straitjacket Freier Online Zugriff: http://www.policy-network.net/pno_detail.aspx?ID=4136&title=Europe%E2%80%99s+illusionary+straitjacket This is an updated and slightly amended version of an article which appeared first, in German, in the Berliner Republik, Issue 5, 2011 VL - 2012 SP - 11 EP - 14 PB - Policy Network CY - London ER -