Showdown at the HM Corral

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

Audio: “Roots of the Economic Crisis” @ Historical Materialism 2010 in NYC

On January 15th, Andrew Kliman gave a talk on the “Roots of the Economic Crisis: The Persistent Fall in Profitability & Debt Financing” at the 2010 Historical Materialism Conference at the CUNY Graduate Center in NYC. Kliman spoke on a panel with Fred Moseley and Simon Mohun entitled “Origins of the Current Crisis.” An audio recording of this panel is now available. Read More

1/15: Talk on the Roots of the Economic Crisis @ Historical Materialism 2010 in NYC

Please join us at the 2010 Historical Materialism Conference in NYC for a talk by Andrew Kliman on the “Roots of the Economic Crisis: The Persistent Fall in Profitability & Debt Financing.” Read More