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Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There … writers to incorporate an analysis of periodic crisis in his analysis of capitalist accumulation. The paper then considers the … role of finance and its contribution to generating periodic crises, and the Italian Circuitist writers who stress the …
Persistent link: https://www.econbiz.de/10010435907
Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There … writers to incorporate an analysis of periodic crisis in his analysis of capitalist accumulation. The paper then considers the … role of finance and its contribution to generating periodic crises, and the Italian Circuitist writers who stress the …
Persistent link: https://www.econbiz.de/10010440240
Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There … writers to incorporate an analysis of periodic crisis in his analysis of capitalist accumulation. The paper then considers the … role of finance and its contribution to generating periodic crises, and the Italian Circuitist writers who stress the …
Persistent link: https://www.econbiz.de/10010933417
-term developments and regime shifts in capitalist development, are presented. International approaches to finance and financial crises … are integrated into the analyses. We address the issue of relevance of all these theories for the present crisis and draw … the Great Recession, what visions they develop about future development of capitalism and to which extent these different …
Persistent link: https://www.econbiz.de/10010491508
-term developments and regime shifts in capitalist development, are presented. International approaches to finance and financial crises … are integrated into the analyses. We address the issue of relevance of all these theories for the present crisis and draw … the Great Recession, what visions they develop about future development of capitalism and to which extent these different …
Persistent link: https://www.econbiz.de/10010491264
-term developments and regime shifts in capitalist development, are presented. International approaches to finance and financial crises … are integrated into the analyses. We address the issue of relevance of all these theories for the present crisis and draw … the Great Recession, what visions they develop about future development of capitalism and to which extent these different …
Persistent link: https://www.econbiz.de/10011200304
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
The ability of a nation to resist a crisis depends on the institutional or spatio-temporal fixes it possesses, which … can buffer the effects of the crisis, switch the crisis to other nations or defer its effects to the future. Corporate … effects of the post-2008 crisis. This paper posits that this is due to an institutional complementarity between Germany …
Persistent link: https://www.econbiz.de/10013059745
. Mikhail Ivanovich Tugan-Baranovskij's analysis may be considered as the point of transition between different crisis theories …
Persistent link: https://www.econbiz.de/10013015507
The purpose of this paper is to delve into the deeper causes of the current crisis and its detailed manifestation in … the case of the Greek economy. The major argument of the paper is that the root cause of the crisis is fundamentally … investment spending and leading to rising unemployment. In the case of the Greek economy, this crisis of profitability has been …
Persistent link: https://www.econbiz.de/10011107244