ARGONAUT BOOKS

Reviews C�dric Durand is among the most promising of young French university economists today. We awaited the publication of his new book with bated breath. It was worth the wait. Fictitious Capital is an important intervention which tries to make sense of the excesses of capitalism over the last forty years and of the development of finance.Jacques SapirDurand has provided a very insightful view of finance-driven capitalism over the last three decades. Why was it able to prosper alongside sagging investment and plummeting productivity gains? The answer, argues Durand, li...Read More