Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
Vulture capitalism
Grace Blakeley is a media star of the radical left-wing of the British labour movement. She is a columnist for the left-wing journal, Tribune, and a regular panellist on political debates in broadcasting – often the only spokesperson on the left advocating socialist alternatives. Her profile and popularity took her last book, Stolen, straight into…
Inflation and interest rates: the US experience
Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing…
Inclusive economics and the IMF
The great and the good have just finished attending a special World Economic Forum in Riyadh, Saudi Arabia. The theme of the conference for the over 1000 delegates from corporations, governments and international agencies was global cooperation and inclusive growth. In other words, how to reverse the growing international trade wars and rising inequality of…
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