An analysis of the current state of the US economy Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog The US stock market is booming, the dollar […]
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. Read HERE
The last thing the global south needs is more of the IMF, but with sovereign debt crises on the rise, the masters of ‘structural adjustment’ are difficult to escape. In Phenomenal World. Read the article […]
The idea that the government is using “taxpayers’ money” when it spends limits spending options and marginalises sections of the population. Eric Tymoigne is an associate professor of economics at Lewis & Clark College and a […]
Banks aren’t “financial intermediaries”, and government spending creates money, rather than borrowing it Steve Keen is an Australian economist and author. A post-Keynesian, he criticizes neoclassical economics as inconsistent, unscientific and empirically unsupported. Cross-posted from […]
Capitalism has changed in a way that is rendering the label ‘neoliberalism’ outdated. The increasing economic and political prominence of Big Tech and asset management corporations has transformed contemporary capitalism in several ways. Most crucially, […]
This column identifies three primary factors contributing to elevated profits in distressed bank mergers, particularly in Europe. Benoît Cœuré is on the Executive Board of the European Central Bank, Harry Huizinga is Professor of Economics […]
NIMA: So nice to have you, Michael, and Richard on again on this podcast. And let’s get started with the current situation of the economy of the United States. And the question is, Michael, to […]
An analysis of Mario Draghi’s report on the future of the EU’s economy Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts blog About a year ago, the […]
BRICS is set to get bigger, and this can only be a good sign for the collective strength of developing nations in a multipolar world. It’s also a bad sign, longer term, for US political […]
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