The article is an introduction to the new issue of the Journal. It provides an overview of the current economic and financial situation and summarises the main topics dealt with by the following articles. Retrenchment of public expenditure is once again being called for by international agencies...

The present issue of PSL Quarterly Review includes three articles: by Mario Sarcinelli, on the need for structural regulations on financial institutions in order to avoid a new systemic crisis; by Mario Tonveronachi, on the limits of the official regulatory responses to the current crisis; by...

This is the first "regular" issue of PSL Quarterly Review, after the two special issues for 2008 and 2009. As an economists' phoenix, the Review is born out of the ashes of its forerunner, the BNL Quarterly Review, after a change in ownership, from Banca Nazionale del Lavoro to the Associazione...

Con questo numero, Moneta e Credito riprende la sua regolare cadenza trimestrale dopo l'interruzione connessa al passaggio di proprietà dalla Banca Nazionale del Lavoro alla Associazione Paolo Sylos Labini. Abbiamo tentato di colmare tale interruzione con i numeri speciali per il 2008 e per il...

After recalling the financial origin of the crisis and the persistent worldwide fragility of the financial sector, and after citing papers which before 2007 had pointed out the elements of systemic fragility of the US and world economy, the paper illustrates the cultural roots of the crisis,...

Italian Abstract: L'articolo introduce il numero speciale della rivista, dedicato a Luigi Spaventa, membro fondatore e assiduo collaboratore della rivista, membro del Palramento Italiano e ministro delle Finanze. Mentre buona parte dei necrologi e memorie di Spaventa si focalizzano sul suo...