By Michael Roberts Marx’s law of the tendency of the rate of profit to fall (LTRPF) has either been heavily criticised or ignored as being
Author: Posted by Truman
By Michael Roberts In this second post on the annual ASSA economics conference, I look at the papers and presentations made by radical and heterodox
By Michael Roberts The annual conference of the American Economic Association (ASSA 2022) took place last weekend. This year it was a virtual conference, but
Price controls: do they work?
By Michael Roberts Isabelle Weber is an assistant professor of economics at the University of Massachusetts Amherst and the author of How China Escaped Shock
By Michael Roberts “The inflation that we got was not at all the inflation that we were looking for,” US Federal Reserve Chair Jay Powell
By Michael Roberts The world has become more unequal in income and wealth in the last 40 years. That’s according to the World Inequality Report
By Gauthier Hordel, via La Riposte The Covid crisis that began in March 2020 has plunged the global economy into recession. Restrictive measures to stem
By Michael Roberts Once again, it is time to look at what is happening to the rate of profit on capital in the US. I
By David Cartwright, Glasgow It is with deep sadness that I write about the passing of Kenny Brown last week in hospital after a long
The 2021 UN conference on climate change (COP26) has recently concluded in Glasgow, leaving the problem well and truly unresolved. Forecasts based on the conference