By Michael Roberts Whatever government is formed in the UK after the 12 December election, it faces an immense challenge. The British economy is in
Category: Economics Archive
By Michael Roberts The Triumph of Injustice: how the rich dodge taxes and how to make them pay is a new book by the inequality experts,
By Michael Roberts The debt owed by corporations in the major economies has risen since the end of the Great Recession in 2009. With global
By Michael Roberts Abhijit Banerjee, Esther Duflo and Michael Kremer (pictured) have been jointly awarded the Nobel Prize in Economics (or to be more exact,
By Michael Roberts Branko Milanovic is the world’s leading expert on global inequality i.e the differences in income and wealth between countries and between individuals
By Michael Roberts As we enter October, the global recession is with us – in manufacturing. The PMI (purchasing managers’ index) indices for manufacturing activity
By Michael Roberts ‘Financialisation’ has been promoted by heterodox economists as the cause of the iniquities and failures of modern capitalist economies. Now an additional
By Michael Roberts Last Thursday, Mario Draghi, the current head of the European Central bank, soon to be replaced by Christine Lagarde from the IMF,
By Michael Roberts Financial markets globally continue to gyrate on any news about the trade war between the US and China. When President Trump announced
By Michael Roberts With perfect timing, just as the summit meeting of the leaders of the top capitalist economies (G7) met in Biarritz, China announced