19 research outputs found

    On the Crisis: Back to the Classics!

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    Why had so few economists foreseen the crisis? The main reason is that economics has turned into a branch of applied mathematics, detached from real world institutions. In a monetary economy of production, real factors and financial factors are intertwined, and crisis is consequently no mere chance. Keynes and Marx show that the opposite is true: equilibrium can only come about by accident or design, for equilibrium ein Zufall ist. The shortcomings of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes, i.e. the same faults denounced by Keynes in 1936. And Keynes’s social philosophy is the only way out.Role of economics, Role of economists, Financial crisis, History of economic thought

    Qualitative analysis, determinacy and stability

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    Un problema serio

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    L'evoluzione della struttura e della tecnologia italiana. Un'introduzione.

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    L'articolo presenta i risultati di un gruppo di ricerca CNR sull'evoluzione strutturale dell'economia italiana, con particolare riferimento alla risposta agli shock petroliferi, alla terziarizzazione ed ai loro effetti sulla dipendenza dall'estero e sulla distribuzione del reddit
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