The major economies are still growing at a pitiful pace, if at all, while the poorer economies are trapped in an inescapable debt disaster. Michael Roberts is an Economist in the City of London and a prolific […]
COP28: the CO2 is increasing, the temperatures are increasing, fossil fuel production is increasing, the lies are increasing, the hypocrisy is increasing. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted […]
Napoleon lost because Britain could outspend and out-manufacture him. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog Ridley Scott’s new film on Napoleon Bonaparte has been […]
The United States has managed to avoid a recession in 2023, but all of the underlying problems remain. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog […]
If mainstream market economics cannot explain the real world very well, then we need new theories to guide our policy decisions. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from […]
This new book by Daron Acemoglu and Simon Johnson gives a sweeping historical account of how technology has taken humanity forward in terms of living standards but also often created misery, poverty and increased inequality […]
Will AI bring wonderful new benefits to our lives, reducing hours of toil and raising our knowledge to new heights, or will generative AI lead to the increased domination of humanity by machines and even […]
Notes of the recent Historical Materialism conference in London Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog It’s been a week since the end of Historical […]
We have become so accustomed to the blatant propaganda by corporate and state media in the core nations, that we do not look at the hard data. Michael Roberts is an Economist in the City of […]
With the global economy going into reverse, the IMF comes up with its usual neo-liberal nostrums to save capitalism Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ […]
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