Reply to Michel Husson on the character of the latest economic crisis
February 20, 2010 by
MHI
Filed under
Economic Crisis
By Andrew Kliman.
In late December, Michel Husson, a Marxist economist, published a critique of my study of U.S. corporations’ profitability. His critique, “Les Coûts Historiques d’Andrew Kliman,” appears on the website of the Nouveau Parti Anticapitaliste. Read More
21st Century Capitalism: On Venezuela’s Nationalization of the Oil Industry
February 20, 2010 by
MHI
Filed under
Alternatives to Capital, International News
By Fernando Dachevsky, Grupo de Investigación de la Historia Económica Argentina (Argentine Economic History Research Group) – CEICS. Read More
Showdown at the HM Corral
February 19, 2010 by
MHI
Filed under
Economic Crisis
By Andrew Kliman
On Duménil and Lévy’s Cherry Picking of the Data
At last month’s Historical Materialism conference, Duménil denied that they cherry picked the data. I replied. Then we showed what the facts of the matter are.
In these pages and elsewhere, I’ve cited Gérard Duménil and Dominique Lévy’s cherry picking of the data as one reason why they contend that the rate of profit of U.S. corporations experienced an almost complete recovery since the early 1980s. This claim is crucial to their argument that the current economic crisis began as a financial crisis that was not itself rooted in a long-term fall in the rate of profit. Read More
Next Page »
