By Michael Roberts Let me start this post by quoting Noah Smith, liberal economist and Bloomberg journalist from his blog on Modern Monetary Theory (MMT):
Author: Posted by Truman
By Michael Roberts At the beginning of January, I posted my economic forecast for the world economy in 2022. I argued that, although the major
By Michael Roberts The UK prime minister Boris Johnson is currently in danger of losing his job because of the blatant flouting by him and
By Michael Roberts Portugal’s ruling socialists under prime minister, António Costa, achieved a surprising victory in parliamentary elections on Sunday. The Socialists gained an outright
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
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