American economics departments don’t teach Karl Marx or Arthur Laffer for the same reason: their economic theories were wrong ...

Karl Marx’s critique of political economy is oriented on an Aufhebung [a sublation] of classical political economy, for opening up the frontiers of its future as a science, aimed at self-emancipation ...

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 column was originally published on the Ball State University Center for Business and Economic Research Weekly Commentary blog. By Michael J. Hicks December 14, 2025 American economics departments ...

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 ...

When OpenAI’s Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly. Combined with the fact that 95 per cent ...

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.

Das Kapital, by Karl Marx, caused the greatest economic controversy of the nineteenth century. Of the twentieth, Henry Ford has performed the most spectacular individual industrial feat. Marx was at ...

Karl Marx passed away in London on March 14, 1883. While his funeral was a quiet affair, his ideas went on to shape ...