Against the background of the worst drop in living standards for decades and the undisguised contempt shown by the Tory Government towards the plight of
Author: Posted by Truman
By Michael Roberts Economic growth The US economy unexpectedly contracted by 0.4% in the first quarter of 2022, compared to the previous quarter, due in
By Michael Roberts The Great Recession of 2008-9 was a turning point for the US global strategy. Up to then, the general aim was to
By Michael Roberts Apart from inflation and war, what grips current economic thought is the apparent failure of what mainstream economics likes to call ‘globalisation’.
By Michael Roberts The inflation debate among mainstream economists rages on. Is the accelerating and high inflation rate of commodities here to stay for some
By Michael Roberts As the ugly war in Ukraine drags on, with more lives lost and atrocities (apparently) committed, energy and food prices hit yet
40 years ago today, on 2 April 1982, Argentina invaded the Falkland Islands known in that country as the Malvinas. We re-publish here an article
By Michael Roberts Last summer when the US fled Afghanistan, I wrote a post on the history of US dollar dominance. I argued then that
By Richard Mellor in California Russia’s invasion of the Ukraine has had benefits beyond the bank accounts of investors in the US defence industry. Benefiting
By Michael Roberts “The war in Ukraine is like a powerful earthquake that will have ripple effects throughout the global economy, especially in poor countries”.
