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The rise of the extreme poles in the European political Spectrum, corresponds currently with a clear call for help by the site of simple People, combined with the desire for a serious confrontation with the tragic impasse reproduced by the extreme Problems of the everyday live . In this case,...
Persistent link: https://www.econbiz.de/10011251884
Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 … crisis. Focusing on recent discussions of “financialisation”, in particular a recent paper by Costas Lapavitsas, this article … factors in the crisis. In value terms, financialisation is a withdrawal from the sphere of production into the sphere of …
Persistent link: https://www.econbiz.de/10011258893
period until the financial crisis? Did commercial banks respect capital requirements? The two questions are strictly … dealers, mutual funds, etc.) that steadily increased until the crisis. Its effects over real economy could be investigated in …
Persistent link: https://www.econbiz.de/10011258987
Once upon a time there was a classical financial world in which all the Libors were equal. Standard textbooks taught that simple relations held, such that, for example, a 6 months Libor Deposit was replicable with a 3 months Libor Deposits plus a 3x6 months Forward Rate Agreement (FRA), and that...
Persistent link: https://www.econbiz.de/10011259157
Every bigger economic crisis, as the current one, leaves behind a huge material damage to the world economy, and to …, Bulgaria and Montenegro) during pre-global economic crisis was based mainly on foreign demand and capital inflows which created … external shocks. But, the crisis reshapes the world economic map. Competition on world markets gets new forms and players. The …
Persistent link: https://www.econbiz.de/10011259251
measures of crisis-proof policy and crisis-proof behavior are suggested. …
Persistent link: https://www.econbiz.de/10011259286
substituted, for Marx’s own theory, an equilibrium ‘reading’ of Marx that removes, from the theory, its capacity to explain crisis …
Persistent link: https://www.econbiz.de/10011259319
methodology of the analysis of social processes in the conditions of crisis of traditional social philosophy. …
Persistent link: https://www.econbiz.de/10011259500
This set of three volumes argues that the mind – human consciousness – may be measured by considering mathematically the aggregate of that consciousness, i.e. social history. From this beginning theme of discussion three questions must arise. 1. How might this measurement be made? 2. Of what...
Persistent link: https://www.econbiz.de/10011259509
In this paper we present a macroeconomic microfounded framework with heterogeneous agents – households, firms, banks – which interact through a decentralized matching process presenting common features across four markets – goods, labor, credit and deposit. We study the dynamics of the...
Persistent link: https://www.econbiz.de/10011259514