Bichler/Nitzan

The Nordhaus Racket: How to use capitalization to minimize the cost of climate change and win a ‘Nobel’ for ‘sustainable growth’

The LA Times called the bluff: William D. Nordhaus won the Nobel prize in economics for a climate model that minimized the cost of rising global temperatures and undermined the need for urgent action. ‘The economics Nobel went to a …

The Nordhaus Racket: How to use capitalization to minimize the cost of climate change and win a ‘Nobel’ for ‘sustainable growth’

With their back to the future: will past earnings trigger the next crisis?

As these lines are being written (April 2018), the U.S. stock market is again in turmoil. After a two year bull run in which share prices soared by nearly 50 per cent, the market is suddenly dropping. Since the beginning …

With their back to the future: will past earnings trigger the next crisis?

The CasP Project: Past, Present, Future

The capitalization ritual consists of discounting riskadjusted expected futur e earnings to their present value. The  reduction involves fourelementary particles: (1) future earnings, (2) investors’ hype regarding these earnings, ( 3) risk perceptions associated with earnings  estimates and (4) the …

The CasP Project: Past, Present, Future

Trump’s Trade Wars Threaten US Foreign Investment

There is a lot of buzz about Trump’s recently launched trade wars, but much of this buzz misses the point. The key issue here is not foreign trade, but foreign investment. Foreign trade contributes relatively little to US corporate profit. …

Trump’s Trade Wars Threaten US Foreign Investment

The 1%, Exploitation and Wealth: Tim Di Muzio interviews Shimshon Bichler and Jonathan Nitzan

Suggested citation: Shimshon Bichler, Jonathan Nitzan and Tim Di Muzio (2012), ‘The 1%, Exploitation and Wealth: Tim Di Muzio interviews Shimshon Bichler and Jonathan Nitzan’, Review of Capital as Power, Vol. 1, No. 1, pp. 1-22. The 1%, Exploitation and …

The 1%, Exploitation and Wealth: Tim Di Muzio interviews Shimshon Bichler and Jonathan Nitzan

“Theory and Praxis, Theory and Practice, Practical Theory”

Wir verlinken zu einem aktuellen Text der Ökonomen Shimshon Bichler und Jonathan Nitzan, in dem sie Fragen zu beantworten versuchen, die vor allem von marxistischen Autoren  immer wieder hinsichtlich ihres grundlegenden Textes “Capital as Power” gestellt werden. Da dieser Text, …

“Theory and Praxis, Theory and Practice, Practical Theory”

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