Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
US election: women, the young, the working class, the cities and ethnic minorities get rid of Trump
The Democratic party candidate, Joe Biden has beaten the Republican party incumbent Donal dTrump for the US presidency in 2020. What can we learn from election result about the United States of America, the world’s greatest imperialist power, in the third decade of the 21st century? First, the voter turnout. With not all the votesContinue reading “US election: women, the young, the working class, the cities and ethnic minorities get rid of Trump”
The US economy – some facts
As we await the result of the US presidential election, here are some facts about the US economy within a world context. Share of world GDP In 1980, it looked like this: The US had more than twice of the share of global GDP than Japan, and more than Japan, Germany and France combined. China’sContinue reading “The US economy – some facts”
Bidenomics: boom or bust?
With just two days to go, all the public opinion polls indicate that Democratic Party candidate Joe Biden is going to win the US presidential election and oust incumbent Donald Trump. The Democrats will also solidify their majority in the lower house of the US Congress, the House of Representatives; and perhaps take over theContinue reading “Bidenomics: boom or bust?”