Messori’s paper analyzes the impact of the recent crises on the teaching of macroeconomics. In contrast with what happened during the Thirties, today we do not have a new macroeconomic paradigm. This is why the mainstream textbook of Blanchard, Amighini, Giavazzi (2010) remains irreplaceable...

Michal Kalecki's theory does not offer a straight distinction between investment financing and production financing. In particular, it does not stress enough that firms need financing to carry out their production. This fault is shared by a number of post-Keynesian authors; hence, it also...