Someone eventually had to eventually confirm that the emperor was not wearing any clothes. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts Blog At the […]
Marx: “A general rise in the rate of wages would result in a fall of the general rate of profit, but not affect the prices of commodities.” Michael Roberts is an Economist in the City […]
So much has been said and written about inflation in the past. Now we have the realisation that economists do not understand inflation. Michael Roberts is an Economist in the City of London and a […]
Michael Roberts looks at some newly published books on economics. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog It’s summer in the northern hemisphere and […]
High tech, monopolies, and labour. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog Last Thursday, the US-based global tech giants reported their quarterly earnings simultaneously. […]
This might be more for economists, but if you are interested in economics, it is relatively simple to understand. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael […]
For Howell, financial flows and the risk-taking behaviour of investors drive the real economy and asset prices, not vice versa. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from […]
Wealth begets wealth: the wealthiest families in Florence today are descended from the wealthiest families of Florence nearly 600 years ago! Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted […]
The political class in Europe is so bound up in its neo-liberal ideology that it has no idea of what to do to recover from the current recession. Michael Roberts is an Economist in the […]
Monopsony is still a hardly known term, although it plays a major role in the world economy. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog […]
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