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HomeEconomics

Economics

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Finance

Bill Mitchell – Shipping disruptions unlikely to precipitate another inflation surge

October 9, 2024 Ben Wray 0

Both the Suez Canal and the Panama Canal – two of the world’s most important shipping routes – are “now under stress from various sources”. Published in Bill Mitchell’s blog. Read the article HERE.

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Economics

Michael Roberts – Marx’s theory of value: collapse, AI and Petro

October 3, 2024 Ben Wray 0

Is the absence of a specific value assigned to nature a flaw in Marx’s theory of value? Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog A […]

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Finance

Riccardo Petrella – The financialisation of the economy in the Age of AI

August 5, 2024 Ben Wray 0

What Nvidia’s stock market value rising $239 billion in one day tells us about the madness of assessing economic value through the stock market. Riccardo Petrella is Professor Emeritus at the University of Louvain in […]

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EU politics

George Kerevan – The American ruling class is shifting towards Trump

July 29, 2024 Ben Wray 1

Beneath the tumult and polarisation of American politics lies serious divides among the US ruling class about how to govern capitalism. George Kerevan is a Scottish journalist and economist, and a former SNP MP. Cross-posted […]

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Economics

J. W. Mason – Taking Money Seriously

June 24, 2024 Ben Wray 0

A long read but very perceptive on the relationship between money and material things, focusing on the role of interest rates. J. W. Mason is Associate Professor of Economics at John Jay College, City University […]

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Economics

Michael Roberts – A soft landing or a curate’s egg?

June 19, 2024 Ben Wray 0

The ‘tepid twenties’ are not going well for workers, and it might be about to get worse. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Last […]

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Geopolitics

Satyajit Das – The economic costs of modern war

May 28, 2024 Ben Wray 0

Western economies are now well set-up for sustaining wars over the long-term. Satyajit Das is a former banker and author of numerous works. His latest book, published in May, is on ecotourism and man’s relationship […]

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Economics

Michael Roberts – What went wrong with capitalism?

May 27, 2024 Ben Wray 0

A capitalist’s theory of capitalism’s demise. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Ruchir Sharma has a book out called What went wrong with capitalism? Ruchir […]

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Economics

Michael Roberts – Tariffs, technology and industrial policy

May 20, 2024 Ben Wray 0

China is catching up with the United States, which is why the US is turning to protectionist measures just as the British empire did in the late 19th century to stem the challengers to its […]

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Economics

L. Randall Wray – Did We Do MMT During COVID?

May 1, 2024 Ben Wray 0

MMT economist argues that MMT policy solutions were not applied during the 2008 financial crisis nor the pandemic crisis, but in both cases the government solutions showed that affordability is not the problem. L. Randall […]

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Book Reviews

Geopolitics

A Genocide Foretold: Reporting on Survival and Resistance in Occupied Palestine by Chris Hedges

May 5, 2025 0

Book Review by Chris Green It provides a modicum of relief to one’s mental health to turn from Nicholas Kristof’s lame bothsidesism and Bernie Sanders’s blather about Israel’s “right to defend itself” to reading Chris […]

Economics

Abundance – How We Build a Better Future by Ezra Klein and Derek Thompson

April 21, 2025 0

Book Review by Michael Roberts Abundance is a new book that has been attracting attention and debate among mainstream economists and politicians.  It aims to explain to Democrat members in the US why their party […]

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