A recent New Political Economy article by Baines and Hager (2020) critiqued Shimshon Bichler and Jonathan Nitzan's capital-as-power (CasP) model of the stock market (Bichler & Nitzan, 2016). Bichler and Nitzan's model of the stock market seeks to explain how financial crises are tied to the...

This article responds to Baines and Hager’s recent critique of the capital-aspower model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of "systemic fear". Bichler and Nitzan tested their initial model on US data,...

The growing complexities of energy systems, environmental problems, and technology markets are driving and testing most energy-economy models to their limits. To further advance bottom-up models from a multidisciplinary energy efficiency policy evaluation perspective, we review and critically...

A recent New Political Economy article by Baines and Hager (2020) critiqued Shimshon Bichler and Jonathan Nitzan's capital-as-power (CasP) model of the stock market (Bichler & Nitzan, 2016). Bichler and Nitzan's model of the stock market seeks to explain how financial crises are tied to the...

This article responds to Baines and Hager’s recent critique of the capital-as-power model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of ‘systemic fear’. Bichler and Nitzan tested their initial model on US...