By Michael Roberts The UK government’s Spring statement on spending was as expected – really awful. First, Chancellor Rachel Reeves had to accept that the
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From welfare to warfare: military Keynesianism
By Michael Roberts Warmongering has reached fever pitch in Europe. It all started with the US under Trump deciding that paying for the military ‘protection’
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The rebellious role of peasants in European history
By Michael Roberts Pausing on further analysis on Trump, trade and tariffs, this post is on economic history. Robert Dees has written an opus of
By Michael Roberts The Chinese government is just completing its annual ‘two sessions’ or lianghui, where China’s political elite approve the economic policy agenda for
By Michael Roberts Speaking to the US Congress yesterday after 100 days in office, President Donald Trump claimed that the new tariffs on imports from
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Trump’s MAGA and deregulation
By Michael Roberts Trump sees the United States as just a big capitalist corporation of which he is chief executive. Just as he did when
By Michael Roberts Germany holds a snap election on Sunday and the current coalition government of Social Democrats (SPD), Greens and the Free Democrats (FDP)
By Michael Roberts The US consumer price inflation reached 3% year-on-year in January 2025. Energy prices rose for the first time in five months and
By Michael Roberts In an important new development, the University of Tulsa, Oklahoma has launched a new Center for Heterodox Economics (CHE). Led by Clara
By Michael Roberts The picture at the top of the article is of Michael Pettis, the US professor who has put forward his arguments in
