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The final step of the European banking union process should be the single deposit guarantee mechanism (SDM) able to allow for bail-in of the banks while the saving system is rescued.If the effectiveness of bank deposit insurance depends on the nature of the financial crisis and the corporate...

The paper deals with the conditions of capital accumulation that can guarantee a sustainable pollution level and, consequently, a growing carrying capacity of the ecosphere for humankind. It follows an approach of ecological economics, utilising laws and models derived from the ecological...

The idea that effective demand is closely connected with money supply has emerged a number of times in the history of economic thought, within approaches differing in origin and formulation. In particular, we analyse Lange and Patinkin’s theses and those of Luxemburg and the money circuit...