The economic impasse he faces By Michael Roberts There is a new president in the US, the most powerful capitalist economy and state in the
Category: Economics Archive
More radical answers By Michael Roberts At the annual conference of the American Economics Association (ASSA), there are sessions hosted by the Union for Radical Political Economics (URPE) for Marxist
The ASSA conference 2021, part I By Michael Roberts The annual conference of the American Economic Association (ASSA 2021) was unusual this year, for obvious reasons.
Not a pretty picture By Michael Roberts This time last year, I started my post on the forecast for 2020 by making a distinction between predictions and
By Andy Ford, Warrington South CLP Remember how Jeremy Corbyn was attacked without mercy for pledging to borrow just £15 billion to fund the NHS,
By Michael Roberts Every year, I look at measuring the US rate of profit. Official US data are now available to update the measurement of
By Michael Roberts Over the weekend, Abe Shinzo announced that he was resigning as Japan’s prime minister. Last November, he became the country’s longest serving
By Michael Roberts At the Kansas City Fed Jackson Hole symposium, the annual jamboree ‘think-tank’ for international central bankers, US Federal Reserve Chair Jay Powell announced the end of monetary
By Michael Roberts In my previous post on inflation, I spelt out why mainstream theories of inflation have been proved wrong empirically; leaving mainstream economics in a
By Michael Roberts It’s summer in the northern hemisphere and holiday time in the year of the Covid. So it’s an opportunity to review a