"Since the 2007 financial crisis, discussion on issues related to the size, spread and frequency of financial crises has captivated a wide variety of audiences. Why has the world economy experienced such an increase in financial transactions and private and public indebtedness since the 1980s?...

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,...

1. The Methodological Puzzle -- 2. Introduction to General and Integrated Development and Growth -- 3. Economic Action, Cultural Background and Institutions -- 4. Complex Economic Systems, Information and Forms of Capitalism -- 5. Politics and Governance -- 6. Uncertainty -- 7. Expectations --...

This book provides the theoretical and analytical background critical to understand the process of economic development and growth at the beginning of the 21st century. This book adopts an interdisciplinary approach, using concepts borrowed from related disciplines such as politics,...