"The Road to Anarchy is the result of an exhaustive investigation into the anarcho-syndicalist Confederación Nacional del Trabajo (CNT) during the democratic years of the Second Republic. By analysing the course of the CNT in terms of its role in the labour conflict and the internal life and...

We investigate the effectiveness of "Keynesian" fiscal stimuli when government deficits and debt rollovers are (possibly partially) financed by balance sheet constrained financial intermediaries. Because financial intermediaries operate under a leverage constraint, deficit financing of fiscal...