Book Reviews

The Long Depression

Michael Roberts is a private researcher who has worked as an economist in the City of London for over 30 years. He is the author of The Great Recession – a Marxist View (2009, Lulu Press) and The Long Depression (2016, Haymarket Publications). He has presented papers to the American Economics Association annual conferences, Historical Materialism conferences and to those of the International Initiative for the Promotion of Political Economy (IIPPE) and the Association of Heterodox Economists (AHE). He writes a blog on Marxist economics at

According to Jim Kincaid, ‘Michael Roberts has emerged as one of the leading Marxist analysts of current economic developments.  For many of us, his blog, The Next Recession, has become an indispensable and challenging resource.’  

After a panel at the HM London 2016 Conference, we publish the following discussions of Michael’s book The Long Depression:

Jim Kincaid Michael Roberts on US Profit Rates: A Critique and an Alternative View

Michael Roberts responds Debating the rate of profit

Pete Green Marxist Theory and the Long Depression