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HomeGlobal economy

Global economy

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Finance

Michael Hudson – Postponing the World’s Financial Winter, But For How Long?

April 20, 2026 Ben Wray 0

A long read on the consequences of the current Strait of Hormuz crisis. Michael Hudson’s Killing the Host, The Collapse of Antiquity and The Destiny of Civilization are published by CounterPunch Books. Cross-posted from Counterpunch Announcing that “A whole civilization […]

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Finance

Michael Hudson, Ben Norton – The oil shock that could break the global financial system

March 31, 2026 Ben Wray 0

It’s difficult to overestimate the extent to which this war is re-making the world order. Michael Hudson’s Killing the Host, The Collapse of Antiquity and The Destiny of Civilization are published by CounterPunch Books. Ben Norton is editor of the […]

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Geopolitics

Michael Roberts – All roads lead to stagflation

March 31, 2026 Ben Wray 0

Whether Trump decides to retreat or doubles down on the Iran war, the global economy is heading for the double-headed python of stagflation. Michael Roberts is an Economist in the City of London and a prolific […]

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Finance

Cedric Durand – After AI

January 20, 2026 Ben Wray 0

Analysis of the AI boom. In New Left Review’s ‘Sidecar’. Read the article HERE.

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Geopolitics

Nima Alkhorshid, Michael Hudson, Richard Wolff – How US Security became a Global Risk

December 30, 2025 Ben Wray 0

⁣An exploration of what the new US National Security Strategy will mean for the world. NIMA ALKHORSHID: Hi, everybody. Today is Thursday, December 11th, 2025, and our dear friends, Richard Wolff and Michael Hudson, are here with […]

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Finance

Ivan Radanović – Review: The Great Global Transformation, by Branko Milanović

November 3, 2025 Ben Wray 0

Milanović’s new book, which will be released on 6 November, charts the decline of neoliberalism and the rise of what he calls ‘national market liberalism’. Ivan Radanović is an economist at the National bank of […]

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Economics

Michael Roberts – Depression and creative destruction

October 27, 2025 Ben Wray 0

Capitalism is stagnant because, rather than unprofitable firms going bust to create space for new upstarts, debt is being used to keep ‘zombie’ companies alive and maintain political stability. Michael Roberts is an Economist in […]

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Finance

Michael Roberts – Trump’s slump

April 9, 2025 Ben Wray 0

Trump’s high-stakes gamble to turn around American manufacturing is likely to fail and at the same time trigger a global slump. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted […]

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Economics

Michael Roberts – A whiff of stagflation

February 18, 2025 Ben Wray 0

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 […]

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Economics

Branko Milanović – How the mainstream abandoned universal economic principles

January 8, 2025 Ben Wray 1

As neoliberal principles are abandoned, so is any conception of a set of global economic rules which serves everyone. Branko Milanović is an economist specialised in development and inequality. His newest  book is “Capitalism, Alone: […]

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Book Reviews

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Economics

Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate by Dani Rodrik

May 8, 2026 0

Book Review by Walden Bello Dani Rodrik has impeccable credentials as an economist. He is an expert in many areas, including trade and development, and is one of Harvard University’s leading lights. In recent years, […]

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Uncategorized

The Great Transformation: China’s Road from Revolution to Reform by Odd Arne Westad and Chen Jian

March 27, 2026 0

Book Review by Branko Milanović Odd Arne Westad and Chen Jian’s The Great Transformation: China’s Road from Revolution to Reform is a book about how China transformed itself between the Great Leap Forward and the early […]

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