Michael Roberts: The productivity puzzle again

I keep warning of a crisis. But the question to ask is whether there is evidence of it happening. There is. Take this chart from the FT on US oil reserves, which are falling rapidly: […]

The first major evaluation of the Bill & Melinda Gates Foundation’s controversial efforts to expand capital-intensive, high-input agriculture in Africa found the 15-year-effort has failed to achieve its goals of improving food security. Read Here

The real (price adjusted) stock of orders in manufacturing was down 0.2% in June 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]