By Michael Roberts Last Thursday, the US-based global tech giants reported their quarterly earnings simultaneously. On the same day, the US economy recorded the biggest
Category: Economics Archive
By Michael Roberts Marx’s model of capitalism assumes a world economy and starts with ‘capital in general’. It was at that level of abstraction that
by Michael Roberts We’ve had the argument that the major global issue of the 21st century is the growing trade and technology war between the US
By Michael Roberts Most discussions on inequality, whether between nations globally or within nations, take place around income. Data and papers on inequality of income
By Michael Roberts Leicester is a medium-sized city in the centre of England. It has come into the limelight in the last few weeks because
By Michael Roberts The Great Lockdown enforced by the Covid-19 pandemic has driven governments across the globe to apply extensive bailout and fiscal stimulus programmes.
By Michael Roberts Trade wars are Class Wars, by Matthew Klein and Michael Pettis, has now been entered as one of the best books of the
By Michael Roberts This review of a new book is in two parts as there is much to say. Here is the first part. Trade wars
By Michael Roberts Stephanie Kelton is professor of economics and public policy at Stony Brook University, a former Chief Economist on the U.S. Senate Budget Committee
by Michael Roberts The recent release of the US jobs data for May, which apparently showed a reduction in the unemployment rate from April, sparked
