By Michael Roberts After two long and possibly turgid posts analysing Modern Monetary Theory, in this third post, I’m going to look at the practicalities – in
Category: Economics Archive
By Michael Roberts In my first post on Modern Monetary Theory (MMT), I offered a general analysis of the theory, its similarities and differences with Marx’s
By Michael Roberts Modern monetary theory (MMT) has become flavour of the time among many leftist economic views in recent years. The new left-wing Democrat Alexandria
By Michael Roberts This year’s World Economic Forum starts in Davos, Switzerland today. Two years ago, Chinese President Xi made the keynote speech, in which
By Michael Roberts The news that the German economy, the powerhouse of Europe, has narrowly avoided a ‘technical recession’ in the second half of 2018
By Michael Roberts January 1 is the 20th anniversary of the launch of the euro and the Eurozone single currency area. Starting with eleven members, two
By Michael Roberts In part two of my analysis of the euro currency, I consider the impact of the global slump of 2008-9 and the
By Michael Roberts Well, there has not been a year starting like this for a long time. The US government is in disarray. The President of
By Michael Roberts It’s just 100 days to go before the UK officially leaves the European Union and the political shenanigans continue over whether Prime
By Michael Roberts Is it supply that drives an economy or demand? Such was the question asked by Keynesian economics blogger and Bloomberg columnist Noah
