Some of the roots underlying the recent crisis may be found in the global convergence towards a model characterized by strong property rights and an extremely limited role attributed to “open science.” The modern economy has increasingly moved from an open science – open markets model...

The Economic Crisis and the State of Economics brings together leading economists from a diverse set of backgrounds and presents their take on how economics can explain the current crisis but also how the crisis will affect economic thought

This volume integrates historical and policy-oriented papers dealing with the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part of the volume focuses on historical, theoretical, and methodological issues, putting them in current codex. The...