This may not be a great analysis, but it has many important elements and a certain objectivity. It may also help many of our readers outside Britain understand the UK general election result. See the […]
Macroeconomics remains divorced from what is going on in the real economy. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog Recently, Benoît Cœuré, a leading […]
Wall Street decoupled from main street – and reality. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog The fantasy world continues. In the US and […]
David Graeber recently wrote a piece entitled “Against Economics“. This is Michael Roberts’ criticism of the essay. As always, an interesting take. Michael Roberts is an Economist in the City of London and prolific blogger […]
Taxing away billionaires to end inequality. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog The Triumph of Injustice: how the rich dodge taxes and how […]
Since 2016 and global inequality has edged downward slightly. Whereas the top 1% of wealth holders had 50% of the world’s personal wealth in 2016, up from 45% in 2006, that ratio has slipped back […]
“Monetary and fiscal policy will be helpless in stopping any oncoming economic tsunami.” Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog The debt owed by […]
Book Review by Michael Roberts Back in 2014, French economist Thomas Piketty published a blockbuster book, Capital in the 21st century. Repeating the name of Marx’s Capital, the implication of the title was that it […]
A brilliant read, as Michael Roberts writes a critical, yet very respectful and straightforward review of Thomas Piketty’s new opus , “Capital in the 21st Century”. Michael Roberts is an Economist in the City of […]
The world capitalist economy is in a manufacturing recession now, but there are important indicators that the rest of the economy will join manufacturing soon. Michael Roberts is an Economist in the City of London […]
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