EconoFiction

The financial crisis in 2008 took place.

19 Feb , 2020  

When Jean Baudrillard announced that the year 2000 would not take place, one had to suspect evil. It is no exaggeration to say that the financial crisis of 2008 was the only event of world historical significance in the new millennium (as is well known, according to Baudrillard, the Iraq ...

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EconoFiction

On the Character of the Current Economic Crisis

15 Sep , 2018  

Spyros Lapatsioras,1 Leonidas Maroudas,2 Panayotis G. Michaelides,3 John Milios,4 D. P. Sotiropoulos,5

1. Introduction

In the third chapter of Capital Marx observed: “As long as the social character of labour appears as the money existence of the commodity and hence as a thing outside actual production, monetary crises, independent of ...

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EconoFiction

Financial Entanglement and Complexity Theory. An Adumbration on Financial Crisis.

14 Jan , 2018  

The complex system approach in finance could be described through the concept of entanglement. The concept of entanglement bears the same features as a definition of a complex system given by a group of physicists working in a field of finance (Stanley et al,). As they defined it ...

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