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Structural Causes of the Global Financial Crisis: A Critical Assessmentof the “New Financial Architectureâ€

In: Capitalism, Macroeconomics and Reality

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Abstract

The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and financial developments of the past four decades. His work contributes to the collective creation of a solid theoretical foundation on which to build an understanding of the ‘laws of motion’ of capitalism in the post WWII era.

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  • ., 2017. "Structural Causes of the Global Financial Crisis: A Critical Assessmentof the “New Financial Architectureâ€," Chapters, in: Capitalism, Macroeconomics and Reality, chapter 5, pages 129-150, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16605_5
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    Economics and Finance;

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