This article updates the paper ‘Mr Marx and the Neoclassics’ presented at the July 1996 conference of the History of … orthodox interpretations of Marx’s thought. It provides a rigorous value-theoretic account of the falling profit rate, of … crisis, and of unequal world development rooted in an account of the value-price relation that conforms to Marx’s disputed …

A new model of unemployment based on an idea of Marx is presented and used to interpret the development of the British …

A new model of unemployment based on an idea of Marx is presented and used to interpret the development of the British …

A formalisation of Elster's interpretation of Marx's theory of revolution is presented in terms of a one sector model …

A formalization of Elster's interpretation of MArx's theory of revolution is presented in terms of a one sector model …

argue that a coherent explanation of long-run fluctuations can be based upon Marx’s argument in Capital III, whereby the … or weaknesses of Kondratiev’s and Marx’s views with respect to their visions of the long term evolution of the capitalist …

of U.S. economic history. In the second part, we test Marx's law of the tendential fall in the rate of profit with a …

Marx made significant contributions to macroeconomics, laying the grounds for both Keynes's theory of aggregate demand …