Abstract

Get full access to this article
View all access options for this article.
References
1.
Borio
Claudio
. 2012 . “The Financial Cycle and Macroeconomics: What Have We Learnt?” Bank of International Settlements. Working Paper No. 395 (December). https://thenextrecession.files.wordpress.com/2013/07/borio395.pdf
2.
Campbell
John Y.
, and
Mankiw
N. Gregory
. 1987 . “Are Output Fluctuations Transitory?” Quarterly Journal of Economics (November). http://scholar.harvard.edu/files/mankiw/files/are_output_fluctuations.pdf
3.
Carchedi
Guglielmo
. 2012 . “Could Keynes End the Slump? Introducing the Marxist Multiplier .” International Socialism (Autumn) . http://isj.org.uk/could-keynes-end-the-slump-introducing-the-marxist-multiplier
4.
Carchedi
Guglielmo
, and
Michael
Roberts
. 2013 a. “Marx's Law of Profitability: Answering Old and New Misconceptions .” Critique , 41 :4 .
5.
Carchedi
Guglielmo
. 2013 b. “The Long Roots of the Present Crisis: Keynesians, Austerians and Marx's Law .” World Review of Political Economy , 4 :1 . http://gesd.free.fr/robcarch13.pdf
6.
Congressional Budget Office. 2015 . “Why CBO Projects That Actual Output Will Be Below Potential Output on Average .” (February 10 .) https://www.cbo.gov/publication/49890
7.
Daly
Mary C.
, and
Bart
Hobijn
. 2015 . “Why Is Wage Growth So Slow?” Federal Reserve Bank of San Francisco Economic Letter (January 5) . http://tinyurl.com/np8uf6j
8.
Davies
Gavyn
. 2015 . “Demand Side Gains for the Global Economy in 2015 .” Financial Times (January 4). http://tinyurl.com/nmjvup8
9.
DeLong
Brad
. 2014 . “When Do We Start Calling This ‘The Greater Depression'?” (September.) http://www.bradford-delong.com/2014/09/when-do-we-start-calling-this-the-greater-depression.html
10.
Dolan
Ed. 2015 . “Did Austerity Work in Britain? One Chart Tells It All .” (April 8.) http://tinyurl.com/oavoo5o
11.
Furnam
Jason
. 2014 . “The Global Economy: Demand, Supply and Interdependence .” Council of Economic Advisers . www.whitehouse.gov/sites/default/files/docs/jason_furman_remarks_global_israel_business_conference_12_7_2014_final_2.pdf
12.
Gordon
Robert J.
2012 . “Is US Economic Growth Over? Faltering Innovation Confronts the Six Headwinds .” National Bureau of Economic Research. Working Paper No. 18315. http://economics.weinberg.northwestern.edu/robert-gordon/Is%20US%20Economic%20Growth%20Over.pdf
13.
Gordon
Robert J.
2014 . “The Demise of US Economic Growth: Restatement, Rebuttal, and Reflections .” National Bureau of Economic Research . http://economics.weinberg.northwestern.edu/robert-gordon/NBER%20P383F%20Sequel_140126.pdf
14.
Kaminska
Izabella
. 2013 . “Summers on Bubbles and Secular Stagnation Forever .” Financial Times (November 18) . http://ftalphaville.ft.com/2013/11/18/1696762/summers-on-bubbles-and-secular-stagnation-forever/
15.
Keynes, John Maynard. 1970 (1931). “An Economic Analysis of Unemployment.” In Harris Foundation Lectures in Unemployment as a World Problem, ed. Philip Quincy Wright. Freeport, New York : Books for Library Press .
16.
Kondratiev
N. D.
1984 (1925). The Long Wave Cycle . New York : Richardson & Snyder .
17.
Kothari
S.P.
Jonathan Lewellen, and Jerold B. Warner. 2015 . “The Behavior of Aggregate Corporate Investment .” Dartmouth College (August) . https://thenextrecession.files.wordpress.com/2015/11/aggregateinvestment2.pdf
18.
Krugman
Paul
. 2010 . “The Third Depression .” New York Times (June 27) . www.nytimes.com/2010/06/28/opinion/28krugman.html?_r=0
19.
Krugman
Paul
. 2013 a. “A Permanent Slump?” New York Times (November 17) . www.nytimes.com/2013/11/18/opinion/krugman-a-permanent-slump.html?_r=1
20.
Krugman
Paul
. 2013 b. “Secular Stagnation, Coalmines, Bubbles, and Larry Summers.” New York Times (November 16) . http://tinyurl.com/ouolxz9
21.
Maito, Esteban Ezequiel. 2014 . “The Historical Transience of Capital .” http://gesd.free.fr/maito14.pdf
22.
Mankiw
Greg
. 2009 . “Wan't to Bet on Some of That Nobel Money?” Greg Mankiw's blog (March 4). http://gregmankiw.blogspot.co.uk/2009/03/wanna-bet-some-of-that-nobel-money.html
23.
Marx
Karl
. 1967 . Capital . Volume II . London : Lawrence and Wishart .
24.
Marx
Karl
, and
Friedrich
Engels
. 1983 . Collected Works. Volume 40 . New York : International Publishers .
25.
Marx
Karl
. 1989 . Collected Works. Volume 44 . New York : International Publishers. McKinsey Global Institute . 2015. “Debt and (Not Much) Deleveraging.” McKinsey & Company (February) . https://thenextrecession.files.wordpress.com/2015/02/mckinsey-debt-not-much-deleveraging-040215.pdf
26.
OECD. 2015 . Escaping the Stagnation Trap: Policy Options for the Euro Area and Japan (January) . http://www.oecd.org/economy/escaping-the-stagnation-trap-policy-options-for-the-euro-area-and-japan.pdf
27.
Papell
David
, and
Ruxandra
Prodan
. 2012 . “The Statistical Behavior of GDP after Financial Crises and Severe Recessions .” The BE Journal of Macroeconomics , No. 3 (October). Updated in http://econbrowser.com/archives/2015/02/guest-contribution-long-term-effects-of-the-great-recession
28.
Roberts
Michael
. 2009 . The Great Recession: Profit Cycles, Economic Crisis - A Marxist View . London : Lulu Enterprises .
29.
Roberts
Michael
. 2011 . “Measuring the Rate of Profit, Profit Cycles and the Next Recession .” Association of Heterodox Economists Conference, Nottingham University (July) . http://gesd.free.fr/mrobprof.pdf
30.
Roberts
Michael
. 2013 a. “Cycles in Capitalism .” Association of Heterodox Economists Conference (July) . https://thenextrecession.files.wordpress.com/2013/07/cycles-in-capitalism.pdf
31.
Roberts
Michael
. 2013 b. “From Global Slump to Long Depression .” International Socialism, 140 (Autumn). http://isj.org.uk/from-global-slump-to-long-depression
32.
Rogoff
Kenneth
. 2014 . “Malthus, Marx, and Modern Growth .” Project Syndicate (March 4). www.project-syndicate.org/commentary/kenneth-rogoff-identifies-several-obstacles-to-keeping-living-standards-on-an-upward-trajectory
33.
Shaikh
Anwar
. 2010 . “The First Great Depression of the 21st Century .” Socialist Register 2011: The Crisis This Time . http://socialistregister.com/index.php/srv/article/view/14330
34.
Shaikh
Anwar
. 2014 . “Profitability, Long Waves and the Recurrence of General Crises .” International Initiative for Promoting Political Economy Conference, Naples, Italy (September) http://iippe.org/wp/wp-content/uploads/2015/01/Profitability-Long-Waves-Crises.pdf
35.
Smith
Noah
. 2015 . “What We Know About Recessions Might Be Wrong .” Bloomberg View (February 4) . http://www.bloombergview.com/articles/2015-02-11/what-we-know-about-recessions-might-be-wrong
36.
Tapia
Granados J. A.
2012 . “Does Investment Call the Tune? Empirical Evidence and Endogenous Theories of the Business Cycle .” University of Michigan . http://sitemaker.umich.edu/tapia_granados/files/does_investment_call_the_tune_may_2012forthcoming_rpe_.pdf
37.
Tapia
Granados J. A.
2014 . “From the Oil Crisis to the Great Recession: Five Crises of the World Economy .” ASSA-AEA, Philadelphia, Pennsylvania (January) .
38.
Tapia
Granados J. A.
2015 . “Profits Encourage Investment, Investment Dampens Profits, and Government Spending has Little Effect - Business Cycle Dynamics in the US 1929-2013 ” (April). Unpublished paper .
39.
Varoufakis
Yanis
. 2013 . “Confessions of an Erratic Marxist in the Midst of a Repugnant European Crisis: Thoughts for the Post-2008 World” (December 10). http://yanisvaroufakis.eu/2013/12/10/confessions-of-an-erratic-marxist-in-the-midst-of-a-repugnant-european-crisis/#_edn2
40.
Weeks
John
. 2014 . “A Global Approach to the Global Financial Crisis .” Izmir University of Economics Workshop on “The Great Meltdown of 2008” (October) . https://thenextrecession.files.wordpress.com/2014/11/2014-weeks_crisis_izmir.pdf
