Home

Michael Roberts blog

Blogging from a Marxist economist

Recent Analysis

Xi meets Biden

US President Joe Biden and Chinese President Xi Jinping met yesterday during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. This was the only second face-to-face meeting during the Biden presidency. It seems the aim was to clarify just how close the US and China are to conflict over Taiwan and other security issues,…

From a Sahm recession to global downturn

After a relatively strong US real GDP figure for the third quarter of the year, the consensus is that the US will not have a recession this year or next.  Indeed, on the contrary, investment bankers Goldman Sachs not only forecast some economic growth in 2024 but an acceleration for the US economy and for…

Visions of inequality

In this next of a series of reviews of some important books published this year, I look at Branco Milanovic’s Visions of Inequality. Branco Milanovic, former senior economist at the World Bank, has written yet another intriguing book on global inequality.  Over the years, Milanovic has established his reputation as the expert on global inequality…