The second edition has more Greece and more Europe.

More Greece, as our country will be a subject of study for many years regarding the pathologies that create conditions for crisis, as well as the flawed policies of the memoranda that turned a painful but necessary adjustment into a deep crisis with no visible end.

More Europe, as Greece's problems reflect the institutional weaknesses of the euro - weaknesses that threaten its longevity and for which there are no easy solutions.

At the same time, the book provides a comprehensive framework for making economic and investment decisions in the rapidly changing and volatile economy we live in. Additionally, it highlights the macroeconomic causes of crises and examines solutions from economic policy and the institutional framework, thus providing a comprehensive framework for the analysis of macroprudential supervision - the emerging trend in the supervision of the financial system.

And all this, using the timeless tools of macroeconomic analysis, the IS/LM and Mundell-Fleming models, which it extends in an innovative way, making it possible to analyze the complex interactions of the financial system with the economy, governments, and central banks.

The book's approach is a mix of pessimism and optimism. Pessimism, due to the inherent tendency of the free economy system to go from crisis to crisis, without learning from the mistakes and passions even of the recent past; optimism, because human ingenuity, aided by well-designed economic policy and strong institutions, can reduce the relative cost and create favorable conditions for sustainable development with greater social justice.