By Michael Roberts There is a new burst of techno-optimism emerging over the application of ChatGPT and large language models (LLMs). One analyst reckons that
Category: Economics Archive
By Michael Roberts A recent paper by mainstream heavyweights, Ben Bernanke (former Federal Reserve chief) and Olivier Blanchard (former chief economist at the IMF) has
By Michael Roberts The G7 leaders meet this weekend in Hiroshima, Japan, the site of the first atomic bomb holocaust dropped by American bombers on
By Michael Roberts Robert Lucas has died at the age of 85. Lucas was a leading mainstream neoclassical economist at the University of Chicago –
By Michael Roberts This blog was originally published by Michael Roberts on Saturday, 13 May 2023. The original article can be found here. ************** Turkey
Mark Langabeer (Hastings and Rye Labour member) watched the recent ITV/ITVX documentary (see here). ITV’s Tonight Reporter, Kate Quilton, investigates the causes of rocketing food
By Michael Roberts This blog was originally published by Michael Roberts last Friday, 5 May 2023. The original article can be found here. ************** The
By Michael Roberts The collapse of First Republic Bank is the latest chapter in the rolling banking crisis in the US. This was the second
By Michael Roberts Last week, the Bank of England’s chief economist, Huw Pill, doubled-down on the argument that the current inflationary spiral affecting the major
By Michael Roberts Christine Lagarde, the head of the European Central bank (ECB), made an important ‘keynote’ speech last week to the US Council of Foreign Relations
