Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
More on a world rate of profit
Back in July, I wrote a post on a new approach to a world rate of profit and how to measure it. I won’t go over the arguments again as you can read that post and previous ones on the subject. But in that July post, I said I would follow up on the decompositionContinue reading “More on a world rate of profit”
The US rate of profit before the COVID
Every year, I look at measuring the US rate of profit. Official US data are now available to update the measurement of the rate for 2019. There are many ways to measure the rate of profit (for the various ways, see http://pinguet.free.fr/basu2012.pdf). I have one way and you can check and replicate my results byContinue reading “The US rate of profit before the COVID”
Pandemics: prevention before cure
There is now firm evidence of a strong link between environmental destruction and the increased emergence of deadly new diseases such as Covid-19. Indeed, increasing numbers of deadly new pandemics will afflict the planet if levels of deforestation and biodiversity loss continue at their current catastrophic rates. That is the conclusion of scientists who willContinue reading “Pandemics: prevention before cure”
