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Besides the numerous effects that the financial crisis of 2007 has produced over the entire global economy, its onset has reopened fundamental discussions on the methodology of the economic science. One of the main controversies in the literature revolves around the nature of the neoclassical...
Persistent link: https://www.econbiz.de/10012017207
The causes of economic crisis are a subject of intense debate, most opinions of economists ranging from the liberalization of the market to its regulation. We believe that usually there is “sufficient state” and that a change in its level does not have the expected effects. Although on the...
Persistent link: https://www.econbiz.de/10011005015
The purpose of this paper is to briefly examine how the financial crisis of 2007 revived the dispute between the two main economic doctrines: liberalism and interventionism. The analysis concentrates on clarifying whether the recent events can be attributed to any of these two notions, or more...
Persistent link: https://www.econbiz.de/10010709842