Why are the rich not consuming? Branko Milanović is an economist specialised in development and inequality. His latest book, The Great Global Transformation: National Market Liberalism in a Multipolar World, was published November 2025. Cross-posed […]
John Bellamy Foster reflects on the enduring relevance of Einstein’s “Why Socialism?” in this fourth segment of our series on ecology and materialism. Marx’s foundations of ecological materialism are blended with the work of natural […]
“All roads are now leading to ‘stagflation’, where inflation rises, but economies do not expand. This is the story for Japan, Europe and even the US” Michael Roberts is an Economist in the City of […]
9 August 2026 Trump’s reckless war on Iran is threatening global economic collapse — as the region breaks out into a matrix of conflagrations, Trump seemingly has no way out. The United States and Israel’s […]
Russian attacks against Ukraine on Aug. 7 targeted critical energy sites operated by state oil and gas company Naftogaz, shutting down production at several facilities, the firm reported. The targeted sites were owned by the […]
How the United States is using oil, technology, transportation and the dollar system to rebuild its declining global power. #Glenn DiesenWelcome back. Professor Michael Hudson joins us today, and I would advise everyone to follow […]
What actually causes inflation? There are a number of theories. Michael Roberts is an Economist in the City of London and a prolific blogger. Guglielmo Carchedi is Senior Researcher in the Department of Economics and Econometrics […]
However, let’s assume that an agreement is reached on Friday and that oil and LNG tankers are allowed to exit the Gulf via the Strait of Hormuz. Even if a deal is struck, it will […]
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