Contents: Part I: The crisis and the mainstream theory -- 1. A brief description of the crisis -- 2. The mainstream economists and the crisis -- 3. The limits of the mainstream theory -- Part II: An alternative theoretical approach -- 4. Keynes and the monetary theory of production -- 5. Finance...

"Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007-2008. As Giancarlo 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...

In recent years, numerous studies have been published highlighting the role of financial structures in the development process of contemporary economies. In these recent studies, there is always a reference to the pioneering work of Schumpeter; in particular in the writings of Rajan and Zingales...