By Michael Roberts “The economy has made progress toward employment and inflation goals and if progress continues broadly as expected, a moderation in the pace
Category: Economics Archive
By Michael Roberts China’s Evergrande Group is the second largest property developer in China and it is teetering on the brink of bankruptcy. Evergrande has
By Michael Roberts Back in May the Chinese government set up a special zone to implement ‘common prosperity’ in Zhejiang province, which also happens to
By Michael Roberts Major stock markets are hovering near all-time highs and commodity prices (food and materials) are rocketing. At the other end of the
By Michael Roberts Professor David Harvey is probably the best-known scholar of Marxist economics in the world. Over the years, Professor Harvey and I have
By Michael Roberts Next weekend, the central bankers of the world meet in a slimmed down COVID annual jamboree at Jackson Hole, Wyoming US. The
By Michael Roberts The swift collapse of the Afghanistan puppet government when US troops withdrew from the war with the Taliban and left the country
Review of Panorama – David Cameron and the Missing Billions (BBC One – 9th August 2021) By Mark Langabeer (Hastings and Rye CLP) Panorama’s reporter,
By Michael Roberts A December 2020 meeting of the Chinese Communist party Politburo, vowed to end what it called a “disorderly expansion of capital”. The
By Michael Roberts The Austrian school of economics is outside the mainstream. The Austrians start from micro-assumptions. This is not the neoclassical view of rational,