By Michael Roberts In my view, there are two great scientific discoveries made by Marx and Engels: the materialist conception of history and the law
Category: Economics Archive
By Michael Roberts Last week the US Federal Reserve raised its growth forecasts for the US economy for this year and next. Fed officials now
By Michael Roberts Mark Carney has a book out. It is called Value(s): Building A Better World For All. Canadian-born Carney was formerly the governor of
By Michael Roberts It is one year since the World Health Organisation (WHO) declared the COVID-19 outbreak or epidemic as a ‘pandemic’, namely the global spread of
By Michael Roberts The UK economy was the hardest hit of the top G7 economies in the year of the COVID. Real GDP fell 9.9%,
A whole world is out there, like another planet, far removed from the daily lives of 99 per cent of the population. It is a
By Michael Roberts During the year of the COVID, global consumer and producer prices dropped. In some manufacturing-based economies, there was even a fall in
By Michael Roberts Recently, newly confirmed US Treasury secretary and former Fed chief, Janet Yellen, spelt out the challenges facing US capitalism in a letter to
Stop the game – I want to get off! By Michael Roberts ‘Hedging’ used to be a way reducing the risk of selling or buying. Farmers
‘All good things must come to an end’ By Michael Roberts During the year of the Covid, output, investment and employment in nearly all the