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1. "The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy." In The Oxford Handbook of the Political Economy of Financial Crises, Gerald Epstein and Martin Wolfson, eds. New York: Oxford University Press,...
Persistent link: https://www.econbiz.de/10012251757
This paper argues that institutions and policies deeply embedded in neoliberal structures have created conditions that make it difficult for large nonfinancial corporations to operate effectively. Important globally-contested industries are understood to be "natural oligopolies" that require...
Persistent link: https://www.econbiz.de/10014108628