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
Category: Economics Archive
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
By Michael Roberts Last week’s speech by US Federal Reserve Chair, Jay Powell, was truly shocking. Powell told his audience of economists that “The scope and speed
By Michael Roberts I have mentioned many times on this blog that rising global debt reduces the ability of capitalist economies to avoid slumps and
By Michael Roberts Optimism reigns in global stock markets, particularly in the US. After falling around 30% when the lockdowns to contain COVID-19 virus pandemic
By Michael Roberts On Thursday night, EU leaders again failed to agree on how to provide proper fiscal support for hard-hit member states to cope
