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This paper constitutes the start of a project dedicated to Austrian economist and economic sociologist Friedrich von Wieser (1851-1926). Its central claim is that especially in recent decades, Wieser has become a disproportionately underresearched scholar, and the paper provides a set of...
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Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...
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manager capitalism". Minsky's analysis correctly links postwar developments with the prewar "finance capitalism" analyzed by … Crisis ; Minsky Moment ; Finance Capitalism ; Money Manager Capitalism ; Debt Deflation ; Can It Happen Again? …
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, socio-political, and economic background of Hobson's approach, we analyse Hobson's theory and its economic underpinnings … minimise risks of speculative capital investments. Reviewing modern assessments of Hobson's theory and comparing alternative … conclude the theory relies on crucial, exogenous political assumptions which are difficult to verify and capture within …
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