Preface / Joseba Agirreazkuenaga -- Small states in a time of big crises: Nevada, Ireland, and the Basque autonomous community -- During the Great recession / Elliott Parker -- Resilience of cooperatives in times of crisis : are mondragon's strategies in coping with crisis still a competitive...

The U.S. is beset by weak economic growth, ballooning debt and stubbornly high unemployment but the collapse of the housing bubble that spurred the 2008-2009 global financial crisis was more a consequence than a cause of what is wrong. The real culprit was and remains poor policymaking in the...