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The economical and financial crisis and the crisis of economic theory

Gianluigi Mengarelli
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Gianluigi Mengarelli: Università Ca’ Foscari, Venezia

BANCARIA, 2012, vol. 10, 66-73

Abstract: 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

JEL-codes: E12 G01 (search for similar items in EconPapers)
Date: 2012
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