Michael Roberts: Modern Monetary Theory – Part 1: Chartalism and Marx

When the Trump reactionary high tide is in everyone looks liberal. Now that that tide is out the  “Great Leader” of European liberal democracy is discovered to be skinny dipping. Read here  

Gross domestic product (GDP), 1st quarter of 2025 0.2% on the previous quarter (price, seasonally and calendar adjusted) -0.4% on the same quarter a year earlier (price adjusted) -0.2% on the same quarter a year […]

There is no doubt that “the markets” will viciously attack Britain. The question is, what to do? That the Labour Party would prefer not to be confronted with this problem and is trying to appease […]