Michael Roberts analysis a new study on Marx's law of profitability - highlighting an irreconcilable contradiction in the capitalist mode of production.
Tag: Michael Roberts
Why real-world economics matters – Michael Roberts
Real world economics should be about understanding what is happening in the world around us: poverty, inequality, climate change... but mainstream economics does not deal with these issues well.
AI: open or closed? – Michael Roberts
If anything requires public ownership and democratic, control in the 21st century, it is AI, writes economist Michael Roberts.
From a Sahm recession to global downturn – Michael Roberts Analysis
Michael Roberts' latest economic analysis on whether the US will be able to avoid a recession this year or next.
The UK economy: levelling down – Michael Roberts
While a ‘technical’ recession is no longer forecast for 2023, the BoE still expects stagnant output for next two years... and that may be the best outcome - writes Michael Roberts.
Central Banks continue to hike interest rates despite failure to significantly effect prices
"The banking crisis that emerged last March is still on the horizon again, as rising interest rates drive down the demand for loans and corporate bankruptcies rise."
A global debt disaster is on the horizon – Michael Roberts
The continual exploitation of the labour of the global south, through multi-national companies and financial institutions, has created a looming debt disaster. Analysis from Michael Roberts.
Modern supply-side economics and the New Washington Consensus
IN DEPTH: Economist Michael Roberts analyses 'the New Washington Consensus,' a strategy seeking to sustain US economic hegemony at home and abroad.
Interest rates up, economy down – Micheal Roberts
"The impact of central bank rate hikes has not been so much on driving down inflation as on accelerating economies into a slump" - in depth analysis from Michael Roberts.
First Republic Bank Collapse and the case for public ownership – Micheal Roberts
The collapse of the First Republic Banks and others present a powerful argument for public ownership - Economist Michael Roberts' analyses the banking crisis.