Archivo de la etiqueta: Michael Roberts

Labour’s interim report on the UK economy

John McDonnell, the finance spokesman (‘shadow chancellor’) of the British opposition Labour Party, recently commissioned a report on the state of the UK economy and what is to be done. McDonnell is characterised in the British capitalist media as a die-in-the-wool Marxist and his commissioned report was carried out by GFC economics, founded by Graham […]

a través de Labour’s interim report on the UK economy — Michael Roberts Blog

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¿Funciona el neoliberalismo para el mundo?

Noah Smith is a regular economics blogger of the mainstream Keynesian persuasion and writes regularly for Bloomberg now. A recent piece by him was headlined “free markets improved more lives than anything ever”. And he delivered the now usual argument that capitalism has actually been a great success in delivering better lives for billions compared […]

a través de Neoliberalism works for the world? — Michael Roberts Blog

Pleno empleo en el Reino Unido con ingresos a la baja

Britain’s unemployment rate has fallen to a new 42-year low of 4.3% in the three months to July. That’s down from 4.4% a month ago and the lowest since 1975. That sounds good news for all – until we look at what is happening to average wages for British workers after inflation is deducted. Average […]

a través de UK: full employment, but falling incomes — Michael Roberts Blog

Se estanca la inversión en países ricos

Recently, Larry Elliott, the economics correspondent of the British liberal newspaper, The Guardian raised again the puzzle of the gap between rising corporate profits and stagnant corporate investment in the major capitalist economies. Elliott put it “The multinational companies that bankroll the WEF’s annual meeting in Davos are awash with cash. Profits are strong. The return on […]

a través de Profitability and investment again – the AMECO data — Michael Roberts Blog

Crisis europea por M. Roberts

I’ve just returned from Cluj, Romania’s second largest city, where I discussed the Euro crisis and the future of Europe with Mark Blyth of Brown University. Mark Blyth has published a number of books, including Austerity: a dangerous idea, which covers the history of the austerity doctrine as he sees it and its impact on […]

a través de Europe’s crisis: the Cluj debate with Mark Blyth — Michael Roberts Blog

Las memorias de un errático exministro de economía griego

Yanis Varoufakis once described himself as an ‘erratic Marxist’. This heterodox economist became the finance minister in the Syriza-led Greek government during the most intense period of the Greek debt crisis when the Greeks were trying to avoid severe austerity measures being imposed by the Troika of the EU group, the IMF and the ECB […]

a través de Memoirs of an erratic Marxist — Michael Roberts Blog