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Alternative approaches for the reformulation of economics

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Notes

  1. According to our view, banking activity in “credit market” indicates the loans granted to firms with production purposes. On the other hand, the activity in “financial market” refers more specifically to financial speculation in the stock market.

  2. A discussion on how ESHIA has re-modeled the pillars of mainstream economics is beyond the scope of this work. A detailed analysis can be found in other studies (see, for instance, Kirman 2010; Bargigli and Tedeschi 2013, 2014).

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Correspondence to Gabriele Tedeschi.

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Alfarano, S., Camacho, E. & Tedeschi, G. Alternative approaches for the reformulation of economics. J Econ Interact Coord 14, 1–6 (2019). https://doi.org/10.1007/s11403-019-00235-8

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