P.D. Schiff ist scharfer Kritiker der US-Wirtschaft, Chef von "Euro Pacific" (Analyst, Broker-Dealer), Bestsellerautor und - er hat die Krise von 2007 vorausgesehen. Um zu zeigen, wie Wirtschaft funktioniert, bedient er sich einer fabelähnlichen Bildergeschichte. Die netten Zeichnungen werden...

Economic, financial and social commentators from all directions and of various persuasions are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different...

The Great Recession and the financial crisis of 2007-09 prompted ca lls for fundamental reforms of economic theory. The role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist Richard Swedberg's The Art of Social Theory and the...