The book is the first of its kind to attempt to deal with the economics of pensions and ageing on the basis of a rigorous theoretical framework alternative to neoclassical economics. Sergio Cesaratto breaks the dominant conformism in the current pension debate and explains that the strength of...

Conventional wisdom holds that Fully Funded (FF) pension schemes would better prepare the community for ongoing demographic change. Many critics of FF schemes argue that these plans would encounter problems similar to those that create financial difficulties to Pay-As-You-Go (PAYG) schemes. More...

Ricardo and Marx saw technological change as a possible cause of long-period unemployment. Neoclassical and Schumpeterian economists regard technological unem ployment as a transitory phenomenon. This paper argues that the capital critique (i) demolishes the neoclassical claim that market...