Economic Crisis and Economic Thought

Tommaso Gabellini is a PhD Student at the Institute for Innovation and Public Purpose, UCL, UK. He holds a Master’s in Economics from the University of Pisa and Sant’Anna School of Advanced Studies, Italy. His main areas of interest are the role of State investment banks in developed countries, the monetary and financial economics of contemporary market economies, and institutional economics. Simone Gasperin is a PhD Student at the Institute for Innovation and Public Purpose, UCL, UK. He holds a Master’s in Economics from the University of Pisa and Sant’Anna School of Advanced Studies. Italy. His main areas of interest are the role of the State in the economy (in particular through State-owned enterprises), the economics of the European Monetary Union, and Italian economic history. Alessio Moneta is Associate Professor of Economics at the Institute of Economics of Sant’Anna School of Advanced Studies, Italy. He holds a PhD in Economics from the same school. His main areas of scientific interest are macro-econometrics, consumer demand, and methodology of economics, with a focus on causal inference and model validation.

List of Figures, List of Tables, List of Contributors, Foreword. Robert Skidelsky
Introduction: escaping from the economics cave. Tommaso Gabellini and Simone Gasperin, PART I Alternative methodologies, Chapter 1. Critical dilemmas in the methodology of economics facing the crisis, Alessio Moneta, Chapter 2. "Anti-Blanchard": a comparative technique for macroeconomics, Emiliano Brancaccio and Domenico Suppa, PART II Alternative theories, Chapter 3. The originalitry of the Italian debate on Marx, Riccardo Bellofiore and Tommaso Redolfi Riva, Chapter 4. What Capital Theory can teach us, Fabio Petri, Chapter 5. The modern revival of the Classical surplus approach: implications for the analysis of growth and crises, Sergio Cesaratto, Chapter 6. A Marx ‘crises’ model. The reproduction schemes revisited, Marco Veronese Passarella, Chapter 7. High wages and economic growth in a Kaldorian theoretical framework, Guglielmo Forges Davanzati, Chapter 8. Financial crises and sustainability: competing paradigms and policy implications, Alessandro Vercelli, Chapter 9. Finance is not the dark side of the force, Anna Maria Grazia Variato, PART III Alternative analyses and policies, Chapter 10. Technological and productive systems facing the economic crisis: heterogeneity, convergence and divergence in the European Union, Andrea Califano, Tommaso Gabellini and Simone Gasperin, Chapter 11. Reshaping the economy. An industrial and investment policy for Europe, Mario Pianta, Matteo Lucchese and Leopoldo Nascia, Index