In other news, I've been reading an excellent blog: http://thenextrecession.wordpress.com/ The guy is called Michael Roberts, he's a marxist economist and pretty well known at that too. He bases his analysis on the law of the falling rate of profit as the cause of recurrent crises in the capitalist economy. He wrote an excellent (very) brief article in which he summarizes his analysis of the on-going crisis: http://thenextrecession.wordpress.com/2 ... it-is-key/
Anyone interested in non-mainstream economics, take a look
