This book presents the complete and pioneering works of the great Spanish economist, Germán Bernácer (1883-1965), to an English audience for the first time. Bernácer, the first director of the Research Service of the Bank of Spain (1930-55), inspired Keynes’ theory but was also a major...

1. Introduction -- 2. Neoclassical Economics and Capitalism -- 3. Marxian Economics -- 4. John Maynard Keynes and Stabilization Measures -- 5. Neoclassical Economics, Marx and Keynes, and the Global Financial Crisis -- 6. Capitalism Versus Socialism: A Few Country Studies -- 7. Survival of the...

"From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the...

Economic, financial and social commentators from all directions and persuasion 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 question that...