<blockquote>'..It’s hardly that the leading journals are the proven bastions of economic wisdom. In fact, they uniformly reject approaches to economics which don’t fit into the mainstream neoclassical straightjacket without even bothering to referee them, and this is despite the failure of papers that conform to that straightjacket to anticipate the crisis.
There’s one mechanical but effectively discriminatory reason for the downgrades. Journal rankings are largely based on the number of citations that articles get. Since the vast majority of economists are neoclassical, they read and cite each other’s articles – therefore neoclassical papers get many more citations than non-neoclassical papers.'
- Steve Keen,
Low-grade journal rankings are failing economics, 18 September 18, 2013</blockquote>
Context<blockquote>
(Banking Reform) '..a 100% reserve system .. fractional reserve lending is fraud.''..a deeply imbalanced economic structure.'</blockquote>