Commentators in The FT are desperate to wish into existence a financial crisis in Russia, but the reality is that Russia is surviving Western sanctions. In Adam Tooze’s ‘Chartbook’ Substack. Read the article HERE.
Hudson’s Law: Every U.S. action attacking other countries tends to backfire and end up costing American policy at least twice as much. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), […]
Fifty years ago the actions of the Federal Reserve mattered. Today, so far as the aggregate measures of the American domestic economy go, they do not. Books discussed in this essay: Sarah Binder and Mark […]
Every year at this time, I look back at the books that I have reviewed during the year on this blog. I’ll take them in chronological order. José Tapia had a new book on the […]
There was always going to be tension between Draghi’s strategy for the concentration of European capital and member-states seeking to protect their national capitalists. Read the article HERE.
NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 14th, and Michael and Richard are here with us to talk about what’s going on in the United States. Let’s start with Richard. Here is a video […]
Excerpt from Wolfgang Streeck’s book that appears this week, “Taking back Control? States and State Systems after Globalism”, London and New York: Verso, 2024, pp. 108-21 ISBN-13: 978-18397767296 Wolfgang Streeck is Emeritus Director and Senior […]
Private equity, the modern form of financial investment into and the management of companies and their workforces, is the epitome of the vampire motif Michael Roberts is an Economist in the City of London and a prolific […]
An indispensable organization Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System That Rules the World”. His new book, The Visions of inequality, was published […]
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