On 15 October 2011 the Italian economist Pierangelo Garegnani passed away. The article reviews Garegnani's main contributions to economic theory by showing how they frequently gave raise to wide and relevant debates. The obituary highlights the salience of Garegnani's analysis also for a...

The paper introduces to the special issue of the journal, devoted to Luigi Spaventa, former board member and frequent contributor to the journal, Italian MP and minister of the Budget. While most obituaries and recollections of Spaventa focus on his academic or political activities, the author...

The work is an obituary of Tadeusz Kowalik, the doyen of Polish political economists, who died in Warsaw on July 30th, 2012. In the English-speaking world Kowalik is best known as the last surviving collaborator of Micha? Kalecki, an advisor to the Polish trade union Solidarity during the 1980s,...

In the context of the special issue on Joseph Steindl we publish an original manuscript by the same author, containing a paper he presented at the 1990 edition of the “International Summer School for Advanced Economic Studies” (the Trieste School). The manuscript, written in July of 1990,...

The article is an introduction to the new issue of the Journal. It provides an overview of the current economic and financial situation and summarises the main topics dealt with by the following articles.

Two of the major provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed into law on July 21 2010, aim to reduce speculation with financial institutions own funds using highly leveraged derivatives. The so-called Volcker rule limits the ability to trade as principal...

The article introduces the current issue of the journal, placing the different articles in context.

The brief note introduces the articles collected in the present issue of the journal. It places the various contributions in perspective, critically summarizing the major economic developments since the publication of the last issue.

Most economists expected that the "Great Recession" produced by the financial meltdown of 2008 would usher in a resurgence of traditional Keynesian economics and a decline of what has come to be called "market fundamentalism". By contrast, also due to the inadequate size of the 2009 stimulus...

In the context of the special issue on Joseph Steindl we publish an original manuscript by the same author, containing a paper he presented at the 1990 edition of the “International Summer School for Advanced Economic Studies†(the Trieste School). The manuscript, written in July of...