By Michael Roberts Three of the major central banks met and raised their policy interest rates yet again in the so-called ‘fight against inflation’. Interest-rate
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By Michael Roberts Meeting the social needs of the world’s population through the production of goods and services depends on the amount of labour employed
By Michael Roberts China is in deep trouble. Its zero-COVID policy has failed; the economy has slowed to a halt; it now has a falling
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Davos 23: going pear-shaped
By Michael Roberts This week, the jamboree of the rich global elite of the World Economic Forum (WEF) has started again after the COVID interregnum.
By Michael Roberts The inflation rate for consumer prices in the US has clearly peaked and is falling steadily. The latest figure for year-on-year inflation
By Michael Roberts In some ways, the radical sessions at ASSA (Allied Social Science Associations) were disappointing. As far as I could tell there were
By Michael Roberts As usual, there were hundreds of sessions and papers at this year’s ASSA 2023, the annual conference of the American Economics Association
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Polycrisis and depression in the 21st century
By Michael Roberts ‘Polycrisis’ is the buzz word among leftists right now. The word expresses the coming together and interlocking of various crises: economic (inflation
By Michael Roberts At the end of every year, I attempt to make a forecast on what will happen in the world economy in the
By Michael Roberts Can global capitalism endure? William Robinson tries to answer this question in his book entitled with the same question. Robinson is professor
