IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/14637_9.html
   My bibliography  Save this book chapter

The true rules of a good management of public finance. An explanation of the fatal Eurozone crisis

In: The Great Recession and the Contradictions of Contemporary Capitalism

Author

Listed:
  • Alain Parguez

Abstract

The current crisis is one of the great crises punctuating the long history of capitalism, and to be properly understood it is vital to take into account its ongoing structural transformation. This book offers plural perspectives on the Great Recession, placing the analysis of finance, class and gender at the center of the debate. It begins with a comprehensive insight into the crisis, before moving on to focus on debt, asset inflation and financial fragility. Following chapters discuss global imbalances, structural monetary reform and the management of public finance, including a investigation of the Italian experience. The book concludes with novel contributions on the gender dimension of the crisis and the analogies between a nuclear and financial chain reaction.

Suggested Citation

  • Alain Parguez, 2014. "The true rules of a good management of public finance. An explanation of the fatal Eurozone crisis," Chapters, in: Riccardo Bellofiore & Giovanna Vertova (ed.), The Great Recession and the Contradictions of Contemporary Capitalism, chapter 9, pages 151-164, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14637_9
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9780857938527.00014.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Riccardo Bellofiore & Joseph Halevi, 2010. "Could Be Raining," International Journal of Political Economy, Taylor & Francis Journals, vol. 39(4), pages 5-30.
    2. Graziani,Augusto, 2003. "The Monetary Theory of Production," Cambridge Books, Cambridge University Press, number 9780521812115.
    3. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, September.
    4. Sergio Cesaratto & Antonella Stirati, 2010. "Germany and the European and Global Crises," International Journal of Political Economy, Taylor & Francis Journals, vol. 39(4), pages 56-86.
    5. Riccardo Bellofiore, 2011. "The Ascent and Crisis of Money-Manager Capitalism," International Journal of Political Economy, Taylor & Francis Journals, vol. 40(3), pages 5-17.
    6. Jean-Gabriel Bliek & Alain Parguez, 2008. "Mitterrand's Turn to Conservative Economics: A Revisionist History," Challenge, Taylor & Francis Journals, vol. 51(2), pages 97-109.
    7. Alain Parguez, 1999. "The Expected Failure of the European Economic and Monetary Union: A False Money against the Real Economy," Eastern Economic Journal, Eastern Economic Association, vol. 25(1), pages 63-76, Winter.
    8. Guglielmo Davanzati, 2011. "Income Distribution and Crisis in a Marxian Schema of the Monetary Circuit," International Journal of Political Economy, Taylor & Francis Journals, vol. 40(3), pages 33-49.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jo Michell, 2017. "Do Shadow Banks Create Money? ‘Financialisation’ and the Monetary Circuit," Metroeconomica, Wiley Blackwell, vol. 68(2), pages 354-377, May.
    2. Riccardo Bellofiore, 2013. "Endogenous money, financial Keynesianism and beyond," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(2), pages 153-170, January.
    3. Sergio Cesaratto, 2017. "Alternative interpretations of a stateless currency crisis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(4), pages 977-998.
    4. Forges Davanzati, Guglielmo & Pacella, Andrea, 2013. "The profits-investments puzzle: A Post Keynesian-Institutional interpretation," Structural Change and Economic Dynamics, Elsevier, vol. 26(C), pages 1-13.
    5. Sergio Cesaratto & Stefano di Bucchianico, 2020. "Endogenous money and the theory of long-period effective demand," Bulletin of Political Economy, Bulletin of Political Economy, vol. 14(1), pages 1-38, June.
    6. Nina Dodig & Hansjorg Herr, 2015. "Theories of finance and financial crisis – Lessons for the Great Recession," Working papers wpaper126, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    7. John Smithin, 2013. "Credit creation, the monetary circuit and the formal validity of money," Chapters, in: Louis-Philippe Rochon & Mario Seccareccia (ed.), Monetary Economies of Production, chapter 5, pages 41-53, Edward Elgar Publishing.
    8. William R. Morgan, 2023. "Finance Must Be Defended: Cybernetics, Neoliberalism and Environmental, Social, and Governance (ESG)," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    9. Jael, Paul, 2015. "Socialist Calculation and Market Socialism," MPRA Paper 64255, University Library of Munich, Germany.
    10. Adriano Giannola, 2014. "Orthodoxy and etherodoxy in graziani?s thought," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2014(112), pages 143-155.
    11. Eugenio Caverzasi & Antoine Godin, 2013. "Stock-flow Consistent Modeling through the Ages," Economics Working Paper Archive wp_745, Levy Economics Institute.
    12. Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
    13. Przemyslaw Zbierowski, 2015. "Positive Entrepreneurship: Antecedents and Outcomes of Entrepreneurship within Positive Organizational Scholarship (Przedsiebiorczosc pozytywna – przyczyny i rezultaty przedsiebiorczosci z zakresu poz," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(56), pages 38-54.
    14. Juan Manuel Ospina, 2019. "Economía para no economistas. Un regalo de la formación del pensamiento económico," Books, Universidad Externado de Colombia, Facultad de Ciencias Sociales y Humanas, number 136, August.
    15. Gennaro Zezza & Michalis Nikiforos, 2017. "Stock-flow Consistent Macroeconomic Models: A Survey," EcoMod2017 10762, EcoMod.
    16. de Ayala, Amaia & Hoyos, David & Mariel, Petr, 2015. "Suitability of discrete choice experiments for landscape management under the European Landscape Convention," Journal of Forest Economics, Elsevier, vol. 21(2), pages 79-96.
    17. Giovanna Tranfo & Lidia Caporossi & Daniela Pigini & Silvia Capanna & Bruno Papaleo & Enrico Paci, 2018. "Temporal Trends of Urinary Phthalate Concentrations in Two Populations: Effects of REACH Authorization after Five Years," IJERPH, MDPI, vol. 15(9), pages 1-13, September.
    18. Etienne Farvaque & Alexander Mihailov & Alireza Naghavi, 2018. "The Grand Experiment of Communism: Discovering the Trade-Off between Equality and Efficiency," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 174(4), pages 707-742, December.
    19. Wenzlaff, Ferdinand & Kimmich, Christian & Richters, Oliver, 2014. "Theoretische Zugänge eines Wachstumszwangs in der Geldwirtschaft," ZÖSS-Discussion Papers 45, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    20. Vassiliades, C. & Savvides, A. & Buonomano, A., 2022. "Building integration of active solar energy systems for façades renovation in the urban fabric: Effects on the thermal comfort in outdoor public spaces in Naples and Thessaloniki," Renewable Energy, Elsevier, vol. 190(C), pages 30-47.

    More about this item

    Keywords

    Economics and Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:14637_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.