Economics and learning from the facts
Martin Thomas’s book Crisis and Sequels: Capitalism and the New Economic Turmoil since 2007 is constructed around 32 interviews, discussions, and debates with left wing economists and other thinkers. It takes the reader; mostly chronologically, along the timeline from the immediate aftermath of the crash itself in 2007-8 across the next decade, up to 2016. Thomas offers a substantial introduction, with overviews of the debates that take place across the book between the various contributors and himself. Issues in debate centre around Marx’s “tendency of the rate of profit to fall”, US hegemony...