Modern supply-side economics and the New Washington Consensus are models, not for better economies and environment for the world, but for a new global strategy to sustain US capitalism at home and US imperialism abroad […]
After 25 years the ECB has still not been able to fulfil its task Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog The European Central Bank […]
The result of automation in the last 30 years has been rising inequality of incomes. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog There is a […]
There is consensus among mainstream economists that the only solution to inflation is to increase interest rates causing a recession and weakening the bargaining position of wage earners. Michael Roberts is an Economist in the City […]
Greece’s positive economic numbers is the result of diminishing wages Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog Greece had a general election today. The conservative […]
An excellent overview of the current state of the G7 economies Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog The G7 leaders met on the […]
The reality of ‘irrational’ capitalist markets eventually exposed Lucas’ rational expectations theory Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog Robert Lucas has died at the […]
Erdogan has trashed the Turkish economy and pushed millions of Turks into immiseration. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’s blog Photo: Wikipedia Turkey holds a […]
Among the youngest Britons (18-24 years) only 36% want to maintain the monarchy. And a majority of Britons do not want the government to pay for Charles’ coronation. Michael Roberts is an Economist in the City […]
US and EU central banks appear to be stubbornly and dogmatically continuing on a course to stop inflation that is doing more damage than good. Michael Roberts is an Economist in the City of London and […]
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