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The Great Recession of 2008-9 was the worst slump in the world economy since the Great Depression in the 1930s. Michael Roberts forecast that it would happen a few years before and in this book he explains why the Great Recession happened - relying on Marx's analysis of the laws of motion in a capitalist economy. And he makes predictions of whether and when it could happen again.

Produktbeschreibung
The Great Recession of 2008-9 was the worst slump in the world economy since the Great Depression in the 1930s. Michael Roberts forecast that it would happen a few years before and in this book he explains why the Great Recession happened - relying on Marx's analysis of the laws of motion in a capitalist economy. And he makes predictions of whether and when it could happen again.
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Autorenporträt
Michael Roberts founded Laser F/X in 1976 and has received multiple international awards for his laser work, including ILDA awards and the Pangolin Prize. He has also won the "Innovative Product Award" from the Huron Manufacturers Association, and won the "Entrepreneur of the Year" award from the Goderich and District Chamber of Commerce. Michael retired from the laser industry in 2006 when he accepted a position as Director Of Research and Chief Scientist for an R and D company with a focus on renewable resources and Green Technology, where he was granted two patents on UV Water Disinfection Technology. Some years of R and D later, Michael invented the world's first LED plant/grow light COB engines with a spectral output that has a close match (up to 90%) to the McCree curve. Michael is the founder EconoLux Industries Ltd. that builds and markets proprietary LED grow/plant lights. Michael can be reached through his webpage @ https://www.laserfx.com