Emiliano Brancaccio (Napoli, 1971) is associate professor of Economic Policy and lecturer in Political Economy and International Economics at the Department of Law Economics Management and Quantitative Methods at the University of Sannio in Benevento, Italy. He is author of articles published in several international academic journals, including the Cambridge Journal of Economics and the Journal of Post Keynesian Economics. He wrote essays published by Palgrave Macmillan, Routledge, Feltrinelli, Il Saggiatore, among others. He was guest speaker in conferences and seminars organized by Università Bocconi di Milano, Scuola Superiore Sant’Anna, Scuola Normale di Pisa, Izmir University, CECE-CEMA Summit Bruxelles, Foundation for European progressive studies, among many others. In the area of popular writings he collaborated with various magazines and newspapers, including l’Espresso, Limes, Il Sole 24 Ore, Financial Times. He was the promoter of two manifestoes againts deflationary policies in the Euro Area signed by many influential members of the international academic community: "the letter from the economists" (Il Sole 24 Ore, 10 June 2010) and "the economists’ warning” (Financial Times, 23 September 2013). He suggested that central banks actually follow a kind of "solvency rule", according to which monetary policy contributes to determining the pace of liquidations, mergers, acquisitions, and then the speed of "centralization" of financial capital.