Author Description

This text constitutes a collection of new work proposing reinterpretations of the primary schools of heterodox economics, stringent critiques of the mainstream readings of the recession and alternative economic policies to those hitherto adopted. Some contradictions in 'mainstream' interpretations of the crisis and new perspectives in the critique of economic theory and policy / Emiliano Brancaccio -- Economy and economics: the twin crises / Alessandro Vercelli -- The great recession and the third crisis in economic theory / Riccardo Bellofiore, Joseph Halevi -- As if nothing were going to happen: a search in vain for warnings about the current crisis in economic journals with the highest impact factors / Andrea Imperia, Vincenzo Maffeo -- Changes in income distribution, financial disorder and crisis / Aldo Barba, Massimo Pivetti -- Income distribution and borrowing: tracking the US economy with a 'new Cambridge' model / Gennaro Zezza -- Changes in functional income distribution in Italy and Europe / Antonella Stirati -- Low wages, consumer credit and the crisis: a monetary theory of production approach / Guglielmo Forges Davanzati, Riccardo Realfonzo -- Back to the future?: the tendency of the (maximum) rate of profit to fall: empirical evidence and theory / Stefano Perri -- The international circuit of key currencies and the global crisis: is there scope for reform? / Lilia Costabile -- Globalization and the great crisis / Ernesto Screpanti -- The global crisis in low- and middle-income countries: how the IMF responded / Andrea F. Presbitero, Alberto Zazzaro -- Notes on Europe, German mercantilism and the current crisis / Sergio Cesaratto -- Privatization, reproduction and crisis: the case of utilities / Bruno Bosco -- Property rights in the knowledge economy: an explanation of the crisis / Ugo Pagano, Maria Alessandra Rossi -- Employment and income distribution from a classical-Keynesian point of view: some tools to ground a normative analysis / Enrico Bellino.