The Global Economic Crisis: New Perspectives on the Critique of Economic Theory and Policy

ISBN-13: 9780415586610 / Angielski / Twarda / 2011 / 352 str.

Emiliano Brancaccio; Giuseppe Fontana

Opis

This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the origins and possible evolutions of the current economic crisis. The collection should be of interest to students and researchers focussing on macroeconomics, monetary economics, political economy and financial economics

Spis treści

Preface Malcolm Sawyer.  The Global Economic Crisis: An Introduction Emiliano Brancaccio and Giuseppe Fontana  Part 1: Economic Theory  1. On the Supposed Completeness of the Mainstream Theories of Crisis Emiliano Brancaccio  2. Economy and Economics: The Twin Crises Alessandro Vercelli  3. The Great Recession and the Third Crisis in Economic Theory Riccardo Bellofiore and Joseph Halevi  4. As If Nothing Were Going to Happen: A Search in Vain for Warnings about the Current Crisis in Economic Journals with the Highest Impact Factors Andrea Imperia and Vincenzo Maffeo  Part 2: Labour, Distribution and Profit Trends  5. Changes in Income Distribution, Financial Disorder and Crisis Aldo Barba and Massimo Pivetti  6. Income Distribution and Borrowing: Tracking the U.S. Economy with a "New Cambridge" Model Gennaro Zezza  7. Changes in Functional Income Distribution in Italy and Europe Antonella Stirati  8. Low Wages, Consumer Credit and the Crisis: A Monetary Theory of Production Approach Guglielmo Forges Davanzati and Riccardo Realfonzo  9. Back to the Future? The Tendency of the (Maximum) Rate of Profit to Fall: Empirical Evidence and Theory Stefano Perri  Part 3: International Economic Relations  10. The International Circuit of Key Currencies and the Global Crisis: Is There Scope for Reform? Lilia Costabile  11. Globalisation and the Great Crisis Ernesto Screpanti  12. The Global Crisis in Low- and Middle-Income Countries: How the IMF Responded Andrea F. Presbitero and Alberto Zazzaro  13. Notes on Europe, German Mercantilism and the Current Crisis Sergio Cesaratto  Part 4: Economic Policy  14. Privatization, Reproduction and Crisis: The Case of Utilities Bruno Bosco  15. Property Rights in the Knowledge Economy: An Explanation of the Crisis Ugo Pagano and Maria Alessandra Rossi  16. Employment and Income Distribution from a Classical-Keynesian Point of View: Some Tools to Ground a Normative Analysis Enrico Bellino