The formal representation of economic theories normally takes the form of a model, that is, a system of equations which connect the endogenous variables with the values of the parameters which are taken as given. Sometimes, it is possible to identify one or more equations which are able to...

"In 2005 Luigi Pasinetti was asked by his friend and colleague Pier Paolo Varri1 how he would like his 75th birthday to be celebrated. Pasinetti immediately replied: "let us discuss my new book!". The book was of course Keynes and the Cambridge Keynesians, which was almost finished at that time....

Recent economic and financial crises have exposed mainstream economics to severe criticism, bringing present research and teaching styles into question. Building on a solid and vivid tradition of economic thought, this book challenges conventional thinking in the field of economics. The authors...