Journal of
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Archive » October 2012 » The economical and financial crisis and the crisis of economic theory

The economical and financial crisis and the crisis of economic theory

Gianluigi Mengarelli
October 2012 - n°10
Jel codes: G01, E12

Very few economic theories are always valid. They have to be adapted with pragmatism to the evolving situation of production systems, in order to properly understand cyclical fluctuations and identify the more effective policy instruments

 

 

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