Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the last three decades, advancing more realistic economics. It converges with longstanding heterodox schools, and its theoretical and empirical findings are consistent with older...

"This book analyzes the 2008 crash from the perspective of evolution, or "punctuated equilibrium." The author pinpoints historical events that gave rise to unrealistic theories and ideologies, showing how they, in turn, gave rise to policies that led to collapse. He explains how Darwin's now...

Over the last thirty years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of...

House price determinants in Liverpool, United Kingdom / Raymond Talinbe Abdulai and Anthony Owusu-Ansah -- Multilevel governance : participatory democracy and civil society's role in governance in the perspective of the Lisbon Treaty / Peter Herrmann -- Transatlantic regulatory cooperation :...

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...