The case for public ownership is overwhelming, not only of middle-sized banks like First Republic that get into trouble, but also of the mega banks like JP Morgan Michael Roberts is an Economist in the City […]
A look at various elements that appear to be relevant in the current wave of inflation Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Last week, […]
European Central Bank chief Christine Lagarde’s speech to the US Council of Foreign Relations was revealing of the fear among western elites that their global power may be slipping away Michael Roberts is an Economist in […]
Why the world is entering an economic lost decade. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael’s Blog Photo: Alex Proimos licensed under the Creative Commons Attribution 2.0 […]
What is AI_GPT and its possible future role? Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog ChatGPT is being heralded as a revolution in ‘artificial intelligence’ […]
The recent massive demonstrations against the Macron administration in France forcing through so-called pension reforms reveals the determined attempts of pro-capitalist governments in all the major economies to cut real wages when we are old […]
An overview of where we are up to with the banking crisis, which may have years still to run Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ […]
Stocks have rebounded, but this banking crisis is only just getting started – and the prominent solutions on offer to solve it are all inadequate Michael Roberts is an Economist in the City of London and […]
Letting big banks go to the wall is not on the agenda of states today, but saving them prevents the ‘creative destruction’ capitalism needs to renew itself. Michael Roberts is an Economist in the City of […]
A wider lens on the dynamics driving the Silicon Valley Bank collapse. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog LAST week, US Fed Chair Jay […]
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