2025. An encompassing analysis of capitalism from the end of the 19th century, the rise of the managerial class, the democratic revolution and the consolidation of democracy, the mtnhagerial class in Soviet Union and statism, the neoliberal phase, the present crisis and prospects. Oxford University Press, US$ 40.00.
ECONOMICS
CRITIQUE OF NEOCLASSICAL ECONOMICS
2015. This paper proposes a classification of economic models into three types: historical, axiomatic, and conditional. (Paper published 9n 2016 in the Journal of Economic Methodology)
2013. The core of neoclassical economics (general equilibrium and rational expectations macroeconomics) is demoralized. A Keynesian-structuralist alternative is available. What is necessary to do to become mainstream again. English version available.
2011. The core of neoclassical economics (general equilibrium and rational expectations macroeconomics) is demoralized. A Keynesian-structuralist alternative is available. What is necessary to do to become mainstream again. Portuguese version available. Also available a Slide presentation.
2012. Since economics is a social science, good economics is historical and assumes uncertainty. Thus, it should be modest and reasonable, See corresponding paper. (Conference receiving the James Street Award from the Association for Evolutionary Economics: slide presentation)
2010. The 2008 financial crisis signaled the end of 30 Neoliberal Years of Capitalism. It was caused by the deregulation promoted by the neoliberal ideology justified "scientifically" by neoclassical economics. Paper (Revue de la Régulation).
2010. The 2008 financial crisis was caused by the deregulation promoted by neoliberal and financialized capitalism with the support of neoclassical economics. (Paper: Novos Estudos Cebrap).
2009. Neliberalism did not attack just the state but also markets, since they depend on state regulation. Neoclassical economics was the meta-ideology offering "scientific" support to neoliberalism. (Essay: Estudos Avançados).
2009. Neoliberalism and its "scientific" justification, neoclassical economics, were more than just an assault on the state it was also an assault to the market. (Essay: Estudos Avançados). A slightly modified version, "Economics: an assault on the state", has been published in Challenge, 53 (5), September 2010: 57-77.
2008. Neoclassical economists use the hipothetical deductive method, but an empirical-deductive method, particularly the new historical facts approach, is a a more advisable aternative. (Paper: Journal of Post Keynesian Economics). Portuguese version available.
2009. Neoclassical economists use the hipothetical deductive method, but an empirical-deductive method, particularly the new historical facts approach, is a a more advisable aternative. (Paper: Revista de Economia Política). English version available.
2003. The ambition of developing a unique and comprehensive economic theory is vain and dangerous. This is the project of Neoclassical Economics - a hypothetic-deductive theory. (Note just published in this website, 14 pages)
1970. Economic theory is formed of two branches: formal economics, a sum of tools, and political economy, the analysis of real economic systems and problems. (Note: FGV/SP)