Stagnation and the Financial Explosion

Paul M. Sweezy was born in New York City in 1910, educated at Exeter and Harvard, and after receiving his Ph.D. in 1937 went to the London School of economics, to Vienna, and to other places of the Continent for graduate study. He taught economics at Harvard until 1946. He is now co-editor, with Leo Huberman, of Monthly Review. Dr. Sweezy's books include Monopoly and Competition in the English Coal Trade, 1550-1850, Socialism, The Present as Hiostory, Cuba: Anatomy of a Revolution (with Leo Huberman), and Monopoly Capital (with Paul A. Baram).