Central banks struggled to meet their usual 2% annual inflation target with their usual weapons of interest rates and monetary injections. And it will be the same story in trying this time to reduce inflation […]
The possible consequences for the Russian and world economies due to the invasion of Ukraine Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael’s Blog Photo: Executive Office of […]
The top ten countries with the fastest shrinking populations are all in Eastern Europe according to UN projections Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael’s Blog Photo: […]
The Long Depression of the 21st century may have begun in 2009, but the economic forces that caused it were underway as early as 1997 onwards. Michael Roberts is an Economist in the City of […]
The result of the presidential election in South Korea and the future of the Korean economy Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael’s Blog Photos: […]
Capitalist have become accustomed to being bailed out by the nanny state, thus they have no fear of risks any more. Michael Roberts is an Economist in the City of London and a prolific blogger […]
After his analysis of Ukraine’s basket case economy, Michael takes an objective look (seldom these days) at the possible effects of the war on Russia’s economy Michael Roberts is an Economist in the City of […]
The concept of capitalist wealth cannot be compatible with the survival of the planet – despite all the pseudo-enlightend attempts of the World Bank Michael Roberts is an Economist in the City of London and […]
If rising inflation is being driven by a weak supply-side rather than an excessively strong demand side, monetary policy won’t work. Michael Roberts is an Economist in the City of London and a prolific blogger […]
Ukraine is politically and economically a basket case, controlled by a corrupt oligarchy solely interested in extracting wealth and a political class keen on getting the crumbs that fall from that table. The only thing […]
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