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Michael Roberts blog

Blogging from a Marxist economist

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Argentina election: from peso to dollar?

Argentines will vote in general elections today with both the mainstream parties weakened by the legacy of multiple economic crises and challenged by a libertarian outsider, Javier Milei.  The deeply unpopular current president Alberto Fernández, of the centre-left Peronist movement, has opted not to run in the presidential election after almost four years in power.…

Israel: the shattering of a dream

Last March, Israel marked its 75th anniversary as a state.  The Economist journal commented “Today Israel is hugely rich, safer than it has been for most of its history, and democratic—if, that is, you are prepared to exclude the territories it occupies (sic!). It has overcome wars, droughts and poverty with few natural endowments other than human…

Poles apart

Poland has a general election on Sunday and this one seems pivotal for unity in the European Union, both on economic policy and on the EU leadership’s unquestioning support for Ukraine. Poland has 40m people, making it the most populated country in eastern Europe. And its influence in EU policy and actions has increased. The…