Wednesday, October 10, 2012

Matias Vernengo — The last Marxist? Or shortchanging Hobsbawm

According to The Economist, Eric Hobsbawm, who has just died on October 1st, was the last of the Mohicans, I mean Marxists. Its news to me. In my view, the surplus approach which was brought back by Sraffa and builds on Marx is the ONLY coherent economic theory left standing. Marginalism (i.e. neoclassical economics) is nothing but a profession of faith, after the capital debates.
Naked Keynesianism
The last Marxist? Or shortchanging Hobsbawm
Matias Vernengo

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