Currently, economics education raises one perspective - ‘neoclassical economics’ - to the sole object of study, which has grave repercussions for the way economists view inequality. In basic neoclassical economics, the distribution of income is treated as a natural outcome of market forces, and interventions are deemed to disrupt these forces. Power and politics, and historical questions about how inequality has arisen, are rarely addressed.
What is more, there are ideas within economics that tackle these questions: approaches such as feminist or development economics do address the historical and cultural reasons for ingrained and persistent inequality, and take a more real world focused approach in which economics can and should try to intervene.
But, because curricula leave out these approaches, economists’ ability to understand or address inequality are limited. And because so many economics graduates go on to work in think tanks or organisations like the World Bank, this lack of pluralism has very real and tangible effects across the world.