One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...

The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...

This 1847 book by Karl Marx was a direct answer to J. P. Proudhon's The Philosophy of Poverty. B. Bauer's Pamphlets on the Collision with Russia Epub of Marx's work B. Bauer's Pamphlets on the ...

Karl Marx’s economic theory is founded on the labour theory of value. In Marx’s Theory of Value at the Frontiers, Güney Işıkara and Patrick Mokre make a valuable contribution to Marxist economics, ...

Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.

American economics departments don't teach Karl Marx or Arthur Laffer for the same reason: Their economic theories were wrong. Yet Laffer's discredited ideas are now driving Indiana's tax policy. Marx ...