The Financialization Response to Economic Disequilibria: European and Latin American Experiences

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Book review of N. Levy-Orlik & E Ortiz (2016), The Financialization Response to Economic Disequilibria: European and Latin American Experiences, Edward Elgar Publishing: Cheltenham UK

Levy and Ortiz’s The Financialization Response to Economic Disequilibria is a timely book. It critiques mainstream economic theory and its limitations in explaining how economic conditions change or the transition from one state of equilibrium to another. Its analyses rely on Keynes, Kalecki, Kaldor, Minsky, Prebish, Furtado, and Marxists such as Luxemburg, Marini and Lapavitsas. Macroeconomic teachers interested in a heterodox approach may benefit from Levy and Ortiz’s book as complementary material with experiences showing the dysfunctionality of the global economy from the specific prism of financial disequilibria.

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Female Economists and the Blogosphere – Do We Dare Mention Sexism?

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I recently read Claudia Sahm’s piece on why there are very few female economists in the blogosphere. As a blogger herself, as someone who is active on Twitter, and as a follower of approximately eighty blogs, she states with no hesitation: “It’s true, very few female economists blog. Period.” For her, three hypotheses may explain this absence: women with opinions are not well received, women are busy with other forms of service, and women underestimate what they would contribute by blogging. But aren’t these actually manifestations of a deeper issue?

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