The past few decades have witnessed the emergence of economic imbalances at the world level and within the euro zone. The failure of mainstream economics to acc

The author examines the indirect macroeconomic roots of the global financial crisis and Eurozone debt crisis: the escalation of global trade imbalances between

This book provides an overview of different theoretical perspectives on the long-run transition towards finance-dominated capitalism, on the implications for ma

In broad perspective, there have been essentially two competing views of the global financial crisis, albeit there are some complementarities among them. One vi

Why the current Bretton Woods-like international financial system, featuring large current account deficits in the center country, the United States, and massiv