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
Category: Theory
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Creation or Evolution?
In this letter, Mark Langabeer (Hastings and Rye Labour Party member) sets out his materialist view on the origin of life and the evolutionary process.
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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
Mark Langabeer, Hastings and Rye Labour member, introduces a lecture by Lenin from January 1917. You can read the lecture here. ——————- I recently read
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
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
By Michael Roberts Let me start this post by quoting Noah Smith, liberal economist and Bloomberg journalist from his blog on Modern Monetary Theory (MMT):
By Michael Roberts Marx’s law of the tendency of the rate of profit to fall (LTRPF) has either been heavily criticised or ignored as being
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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
