In Africa in the 1980s and 1990s structural adjustment programmes led to a significant increase in ‘unequal ecological exchange’, a process whereby African countries were compelled to export more materials, energy, and other resources than […]
‘Credit Suisse is currently under investigation by the US Senate for obstructing investigations into its servicing of Nazi-linked clients. But the bank is far from alone: many German firms have never given up the monetary […]
Inflation is rising while growth is flat-lining, and there are also signs of a US stock market bubble. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog […]
Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the precious metal, and the dynamics of the US dollar system. BEN NORTON: The price of […]
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of Killing […]
Book Review by Mathew D. Rose It is difficult to believe that it is just over thirty years since the establishment of the unipolar world under the US, the end of history, and the victory […]
The structural imbalances inherent to the Eurozone have not gone away. Bob Hancké is a Visiting Senior Fellow at the London School of Economics and Political Science and Managing Director of the Political Economy consultancy […]
The chaos surrounding the demise of imperial neo-liberalism was refelcted in this year’s Davos event Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Every January, the World Economic […]
This is an edited video of a talk I gave at Yale University, where Nordhaus is a Professor, critiquing his work and that of his cabal of followers.
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.
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