Economic Crisis and Economic Thought : Alternative Theoretical Perspectives on the Economic Crisis

Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- List of figures -- List of tables -- List of contributors -- Foreword -- Introduction: escaping from the economics cave -- 1. A Janus-faced crisis -- 2. Plato against the economists -- 3. Shadow economic theory versus real economic phenomena -- 4. Economic models as modern simulacra -- 5. The old is dying, but . . . -- 6. Our economics menu -- 7. Looking for the light at the end of the . . . cave -- Notes -- PART I: Alternative methodologies -- Chapter 1: Critical dilemmas in the methodology of economics facing the crisis -- 1. Introduction -- 2. The dilemma of causality -- 3. More dilemmas -- 4. Concluding remarks -- Acknowledgments -- Notes -- References -- Chapter 2: "Anti-Blanchard": a comparative technique for macroeconomics -- 1. Signals of crisis in the 'core' of contemporary macroeconomics -- 2. Rediscovering a comparative approach to economic theory and policy -- 3. "Anti-Blanchard": a comparative approach in the sphere of teaching -- 4. Further comparisons between alternative paradigms: monetary policy rules -- 5. Which paradigm fits better with the data? Some empirical tests -- References -- PART II: Alternative theories -- Chapter 3: The originality of the Italian debate on Marx -- 1. Value and the falling rate of profit: Croce and Gramsci -- 2. Traditional Marxism: Dobb, Sweezy and Meek -- 3. Abstract labour as a "real abstraction": Lucio Colletti -- 4. Value and prices of production: Pierangelo Garegnani, Marco Lippi and Fernando Vianello -- 5. Value and the social relations of production: Claudio Napoleoni -- 6. Logic and history in Capital: Cesare Luporini -- 7. The method of presentation in Capital: Lorenzo Calabi and Alessandro Mazzone -- 8. Value and the transformation as a pseudo-problem: Rodolfo Banfi