By Michael Roberts The coronavirus pandemic marks the end of longest US economic expansion on record, and it will feature sharpest economic contraction since WWII.
Category: Economics Archive
By Michael Roberts There are now two billion people across the world living under some form of lockdown as a result of the coronavirus pandemic.
By Michael Roberts If all country pandemics were the same, then the figure in the graph (left) would show how this pandemic will come to
By Michael Roberts According to AFP estimates, some 1.7 billion people across the world are now living under some form of lockdown as a result
By Michael Roberts Forecasts of a global slump in the rest of 2020 are coming in droves from mainstream economists – it’s now the consensus
By Michael Roberts As I write, the coronavirus epidemic (not yet declared pandemic) continues to spread. Now there are more new cases outside China than
By Michael Roberts The news that Japan’s real GDP dropped sharply in the last quarter of 2019 and the economy appears to be entering a
Michael Bloomberg, the American billionaire, has his own TV channel and news services like e-mails, devoted mostly to economic issues. Some of the information they
By Michael Roberts At the recent conference ASSA 2020 (organised by the American Economic Association), there was a session on whether Gross Domestic Product (GDP),
By Michael Roberts Recently, the Levy Institute, the think-tank centre for post-Keynesian economics (and in particular the theories of Hyman Minsky, the radical Keynesian economist
