Fred Moseley is professor emeritus of economics at Mount Holyoke College. He is one of the foremost scholars in the world today on Marxian economic theory (as a theory of capitalism). He has written or edited seven books, including The Falling Rate of Profit in the Postwar United States Economy (1991), Marx's Logical Method: A Reexamination (1993), Heterodox Economic Theories: True or False?(1995), New Investigations of Marx's Method (1997), and Marx's Theory of Money: Modern Appraisals (2004). He has also published dozens of articles in many scholarly journals.