The Foundation for Promoting Reform towards pluralist Economics for the Public interest
The Foundation for Promoting Reform towards pluralist Economics for the Public interest (PREP) is a not-for-profit company which is building a growing coalition of economic researchers, practitioners and users, who are taking a pluralist approach to understanding the economy. They are focused on creating an economics profession that can effectively support society in tackling the huge social, environmental and economic challenges we face. The foundation will work with existing student, academic and non-governmental organisations to promote change.
PREP believe that a more pluralist approach to economics analysis, research and teaching will provide a wider set of analytical methods and tools to address the pressing social, environmental and economic challenges we face. For an important instance, a more pluralist analytical approach would have helped policy makers to better understand the possibility of the 2007/8 Crash and maybe to have avoided it.