By Michael Roberts The cost of borrowing to invest or consume is reaching record levels. One benchmark for this is the real interest rate on
Author: Posted by Truman
By Michael Roberts This month the European Central Bank again hiked its policy interest rate, the rate that provides the floor to all credit rates
By Michael Roberts In the first part of my coverage of this year’s IIPPE annual conference, I outlined the discussion from just one session in
By Michael Roberts The annual conference of the International Initiative for the Promotion of Political Economy (IIPPE) took place last week in Madrid. The IIPPE
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Leon Sedov: a tribute
By Greg Oxley, Paris Leon Sedov, the son of Leon Trotsky, was a leading figure in the struggle to defend the authentic ideas of communism,
By Michael Roberts “For all that we are told we live in an increasingly dematerialised world where ever more value lies in intangible items –
By Michael Roberts In the last few days, the leading central bankers of the advanced capitalist economies met at the annual jamboree in Jackson Hole,
By Michael Roberts The three-day summit of the BRICS leaders ends today (24 August). The BRICS are Brazil, Russia, India, China and South Africa. Russian
1.2% of adults have 47.8% of the world’s wealth while 53.2% have just 1.1% By Michael Roberts Every year, I bring to the attention of
By Michael Roberts The latest measure of US consumer price inflation for July actually showed an uptick in the year-on-year rate to 3.2% from 3%
