Titlebook: Crisis and Sustainability; The Delusion of Free Alessandro Vercelli Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Financia

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Alessandro VercelliEngages with macroeconomic theory in an insightful and accessible way.Provides a fresh perspective on the long-term causes of the recent global financial crisis and European recession.Offers an altern

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https://doi.org/10.1057/978-1-137-60069-1Financialisation; Globalisation; Great Recession; Eurocrisis; Neoliberalism; Sustainability; Positive Free

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978-1-349-93374-7The Editor(s) (if applicable) and The Author(s) 2017

Graves’-disease

Book 2017970s. Chaptersargue that the neoliberal development trajectory pursued in recent decades isunsustainable, and posit that neither sound macroeconomics nor empiricaldata support the unqualified faith in free markets that inspired it.  The book begins by providing a broadcritical perspective on key con

curriculum

bal financial crisis and European recession.Offers an altern..This bookoffers a novel interpretation of the Great Recession and the ensuing Euro Crisisas a consequence of the evolution of capitalism since the 1970s. Chaptersargue that the neoliberal development trajectory pursued in recent decades i

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Environment and Sustainabilityd instruments. The latter were unable to interrupt the trend towards increasing environmental unsustainability, particularly in the energy system. This chapter argues that policy makers may find a way out from this unsustainable trajectory only by implementing a sustainable development model based on a modified technological paradigm.

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