The Falling Rate of Profit in the Postwar United States Economy
Fred Moseley
Abstract
Fred Moseley
Abstract
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 de
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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 de
Key concepts: Rate of profit, Profit rate, Economics, Profit (economics), Falling (accident), For profit, Gross profit, Order (exchange)