The Economics of the Profit Rate presents a broad synthesis of recent work and builds on classical theory, using the tools of modern economics, to suggest alternative approaches to conventional microeconomics and macroeconomics. In sharp contrast to the general equilibrium theory, the emphasis...

Biographical note: DuménilGérard: Gérard Duménil is a Director of Research at the Centre National de la Recherche Scientifique, Paris.LévyDominique: Dominique Lévy is a Director of Research at the Centre National de la Recherche Scientifique, Paris.