By Michael Roberts Last week I attended a book launch at the London School of Economics on behalf of Liam Byrne, a Blairite Labour MP,
Category: Economics Archive
Six crises of capitalism
By Michael Roberts José Tapia has a new book on the world economy. Tapia is a professor of politics at Drexel University, Philadelphia, where he
By Michael Roberts After almost two full years of war, Russia’s invasion of Ukraine has caused staggering losses to Ukraine’s people and economy. Ukraine’s GDP
By Michael Roberts This blog was originally published by Michael Roberts on Tuesday, 13 February 2024. The original article can be found here. ************** Indonesians
By Michael Roberts Headline inflation rates in the major economies have nearly halved since they peaked back in 2022. Average consumer price growth across the
By Michael Roberts Pakistan has a general election on 8 February. It will decide on the next government of the world’s fifth-most populous nation and
Realities and perspectives for modern China – Part One: The economy
By Greg Oxley (Editor – La Riposte) The following text on the nature of the Chinese economy, is part of a broader analysis of the
By Michael Roberts I have been considering why in 2023 the US economy grew by 2.5% in gross domestic product (GDP) in real terms (ie
By Michael Roberts The US economy grew 2.5% in 2023 over 2022, according to the first estimate of real GDP for Q4 released this week.
By Michael Roberts Marx’s law of the tendency of the rate of profit to fall (LTRPF) argues that, over time, the profitability of capital employed