After Italy, it is the turn of France to ‘reform’ the labour market. Figures A to C show the story we are usually told in that regard: the higher labour flexibility, the higher the employment levelRead More…
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– From: Collettivo Stella Rossa [Italian only] – Abbiamo rivolto qualche domanda a Marco Veronese Passarella, docente di economia presso l’Università di Leeds e co-autore con Emiliano Brancaccio del libro: “L’austerità èRead More…
It is a well known fact. Economists like doing it with models. But they often do it with wrong or irrelevant models – one would be attempted to say. Are simple economics models alwaysRead More…
Tomorrow will mark the second anniversary of Augusto Graziani‘s passing. Graziani has been one of the most eminent Italian economists of the Twentieth century. He was the founding father of the (Italian school of the) monetaryRead More…
(to be translated soon) Che il prodotto interno lordo (d’ora in poi PIL) sia un modo un po’ antiquato ed altamente discrezionale di misurare il flusso di ricchezza prodotto annualmente in unRead More…
Someone asserts they need to be microfounded. Someone claims they are not brand-new models. Someone rejected them or abandoned their ‘brand’ because they are no longer the cutting edge of heterodox economics. Perhaps theseRead More…
No, I am not talking about economics this time, not narrowly-defined economics at least. I have attached below some notes of mine (for a local newspaper) on both the recent interview ofRead More…