Ebook: The Falling Rate of Profit in the Postwar United States Economy
Author: Fred Moseley (auth.)
- Tags: Political Theory, Economic Theory/Quantitative Economics/Mathematical Methods, Macroeconomics/Monetary Economics//Financial Economics
- Year: 1991
- Publisher: Palgrave Macmillan UK
- Edition: 1
- Language: English
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Presents an empirical test of Marx's theory of the "falling rate of profit" by deriving estimates of the Marxian rate of profit and its determinants for the post-World War II US economy in order to determine whether the trends in these variables were in the directions predicted by Marx's theory.
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