This book demonstrates the continuing relevance of economics for understanding the world, through a restatement of the … widespread critique of economics for its inability to explain the most significant economic event since the 1930s. The current … across the breadth of economics. The authors’ plurality of approach is indicative of the fact that economics is a much …

Intermediation and the Economy -- 5. The Evolution of Financial Intermediation -- 6. Economics' Quest for Relevance -- 7. Theories of … Business Fluctuations -- 8. The Elusive Search for Economic Motives -- 9. Risk, Uncertainty, and Macroeconomic Theory -- 10 …

'; Bruno de Finetti and Daniel Bell's support for the base of 'utopia' in economics; the trend from the 'theory of planning …, unresolved debate of the ‘decision theory’ -- 3. The programming approach as collective decision-and-action centered analysis … (and the ‘planning theory’ movement) -- 4. The programming approach and the mainstream economic ‘general theory’ -- 5. The …

alternatives to sterile mainstream discussions.' (Michael Heinrich, University of Technology and Economics, Germany). -- 'An … traditions in political economy, from Marx to Keynes to Minsky, the authors offer original takes on crisis theory, financial … economics.' (Richard A. Walker, University of California, US). -- 'The Great Recession has shaken up the economics profession …

Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded … the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and … limits of traditional economic theory and reveals the contradictions found in mainstream explanations as to the origins of …