Radical Origins to Economic Crises

Based on Bernácer's Spanish publications and his private correspondence with his contemporary economists Provides an English speaking audience with access to Bernácer's economic ideas Offers a significant contribution to current debates addressing economic stability and prosperity

Autorentext

Henri Savall is Emeritus Professor at University Jean Moulin Lyon 3, France and Founding President for the Socio-Economic Institute of Firms and Organizations (ISEOR).

Inhalt
PART I: A Pre-Keynes Founder of Modern Economics: Germán Bernácer.- 1. Why publish this work on Germán Bernácer, the great pioneering Spanish economist, now?.- 2. Biography and Testimonies.- PART II: Crisis and Unemployment Theory.- 3. Bernácer's critical analysis of actual capitalism: "a free economy without crisis and without unemployment".- 4. Monetary factors of crisis: hoarding versuss. investment, inflation and deflation.- 5. The interest rate as a factor of instability and crises.- 6. Improving capitalism through freedom, ethics and efficiency.- 7. Conclusion: advocacy for Bernácer 's rehabilitation.