Turbulence in the economy : between history and theory

The seminar's first speakers developed their own analyses on themes echoing those addressed in the first sessions. As its title, " Crise et crises, invariants et nouveautés ", suggests, the seminar by Robert Boyer (Institut des Amériques), coming after the first session, placed the subject in a broader perspective. The following lecture, by Michel Aglietta (CEPII), on " crise et changement dans l'intermédiation financière " ( crisis and change in financial intermediation), focused on the logic behind the spread of complex assets in a financial system that has undergone profound changes (changes to which the lecture also returned later).