Monthly Archives: February 2013


Measuring the rate of profit by Michael Roberts Marx’s law of profitability suggests a cyclical and a secular process combined.  The causes of both the cyclical and secular movements in profitability are broadly two-fold.  The first is driven by the … Continue reading

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Review by Michael Roberts I got a few complaints on my comments page for reporting on Sylvia’s Nasar’s book on great economists (see my post, A Grand Pursuit, 13 August 2012). Some readers reckoned that I was wasting my time discussing Nasar’s rather … Continue reading

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