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The true rules of a good management of public finance. An explanation of the fatal Eurozone crisis

In: The Great Recession and the Contradictions of Contemporary Capitalism

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  • Alain Parguez

Abstract

The current crisis is one of the great crises punctuating the long history of capitalism, and to be properly understood it is vital to take into account its ongoing structural transformation. This book offers plural perspectives on the Great Recession, placing the analysis of finance, class and gender at the center of the debate. It begins with a comprehensive insight into the crisis, before moving on to focus on debt, asset inflation and financial fragility. Following chapters discuss global imbalances, structural monetary reform and the management of public finance, including a investigation of the Italian experience. The book concludes with novel contributions on the gender dimension of the crisis and the analogies between a nuclear and financial chain reaction.

Suggested Citation

  • Alain Parguez, 2014. "The true rules of a good management of public finance. An explanation of the fatal Eurozone crisis," Chapters, in: Riccardo Bellofiore & Giovanna Vertova (ed.), The Great Recession and the Contradictions of Contemporary Capitalism, chapter 9, pages 151-164, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14637_9
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    2. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, April.
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    4. Graziani,Augusto, 2003. "The Monetary Theory of Production," Cambridge Books, Cambridge University Press, number 9780521812115, September.
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    6. Jean-Gabriel Bliek & Alain Parguez, 2008. "Mitterrand's Turn to Conservative Economics: A Revisionist History," Challenge, Taylor & Francis Journals, vol. 51(2), pages 97-109.
    7. Alain Parguez, 1999. "The Expected Failure of the European Economic and Monetary Union: A False Money against the Real Economy," Eastern Economic Journal, Eastern Economic Association, vol. 25(1), pages 63-76, Winter.
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