Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
Bancor
US President Donald Trump’s trade war has forced the governments of the other major economies to reconsider the whole international trading and monetary regime. The international trading ‘rules’ built up over the last 40 years of so-called globalisation have been wrecked and the international institutions (the IMF, World Bank, UN) formed after WW2 by the…
South Korea: under pressure
South Korea goes to the polls on Tuesday to elect a new president after some tumultuous months following the attempted coup by the right-wing president Yoon Suk-yeol to arrest opposition leaders and close down parliament, where Yoon did not have a majority. Eventually, Yoon was impeached and arrested and is awaiting trial, despite vigorous efforts…
Donald Trump’s ‘big, beautiful’ tax bill
The US House of Representatives, the lower house of Congress, in which the Republican party has a slender majority, has passed President Donald Trump’s government budget proposals. Trump calls this “The Big, Beautiful Bill”. It would extend sweeping tax cuts for the better-off and rich that were passed in 2017 during Trump’s first presidential term. …
Michael Roberts Blog 