By Michael Roberts The UK government’s economic policies under new PM Liz Truss have caused a stir among not only leftists, but also among mainstream
Category: Political Theory Archive
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The liquidity crisis and drowning naked
By Michael Roberts “If there was no intervention today, gilt yields could have gone up to 7-8 per cent from 4.5 per cent this morning
By Phil Frampton, author of Youth and the Mystery Wall I had originally intended to write a paper on collective empowerment for adolescents, but the
The scissors of slump By Michael Roberts Last week, US Treasury Secretary Janet Yellen told the US Congress that “We now are entering a period of
Economics Archive General Archive International International Archive Political Theory Archive Theory
Inflation: wages versus profits
By Michael Roberts The Governor of the Bank of England, Andrew Bailey set the attitude of the mainstream view on the impact of inflation in
40 years ago today, on 2 April 1982, Argentina invaded the Falkland Islands known in that country as the Malvinas. We re-publish here an article
By Michael Roberts The Russian invasion of Ukraine grinds agonisingly on with more dying and displaced and with further destruction of Ukrainian cities, farms and
Wages, Prices and Profit (also known as “Value, Prices and Profit”) was written by Karl Marx in 1865, just as his main work “Capital” was
We re-publish here an article written by Leon Trotsky on the 22nd April 1939 about the situation in Ukraine at that time. There are many
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Price controls: do they work?
By Michael Roberts Isabelle Weber is an assistant professor of economics at the University of Massachusetts Amherst and the author of How China Escaped Shock
