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Costas Lapavitsas

Costas Lapavitsas has taught economics at SOAS since 1990 and has done research on the political economy of money and finance, the Japanese economy, the history of economic thought, economic history, and the contemporary world economy. Since 2010 his research interests have focused on the Eurozone crisis and the work he has produced, including with a group of researchers at Research on Money and Finance at SOAS, has had considerable impact on the European debate and policy making. His longer-term research interests, however, have been on the financialisation of capitalism, its characteristic trends, variable forms and manifold implications for contemporary society. His work on financialisation has become standard reference in the literature. Finally, during 2015 he was elected as a Member of Parliament in Greece.

Costas Lapavitsas has published widely in the academic field, and writes frequently for the international and the Greek press. His most recent books include:

‘Against the Troika’, with H. Flassbeck, Verso 2015

‘Profiting Without Producing’, Verso, 2013.

‘Crisis in the Eurozone’, Verso, 2012, together with several RMF researchers.

‘Social Foundations of Markets, Money and Credit’, 2003, Routledge.

‘Development Policy in the Twenty-first Century’ (ed., with B. Fine and J. Pincus), 2001, Routledge.

‘Political Economy of Money and Finance’, with M. Itoh, 1999, MacMillan, 1999.

By this expert

Confusion Is No Response to Economic Orthodoxy

Article | Feb 22, 2016

Servaas Storm has conviction, yet his analysis throws the baby out with the bathwater.

Wage Moderation and Productivity in Europe

Article | Jan 28, 2016

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Featuring this expert

Rejoinder to Flassbeck and Lapavitsas

Article | Jan 28, 2016

It is high time to ditch this myth for at least the following five reasons.