Archivo de la etiqueta: Michael Roberts

¿Aumenta o disminuye la pobreza en el mundo?

Is global poverty falling or rising? Realistic estimates calculate that there are over 4 billion people in poverty in this world, or two-thirds of the population. And yet, in their latest ‘public letter’ to us all, Bill and Melinda Gates, the richest family in the world, issued last month, were keen to tell us that […]

a través de Bill Gates and 4bn in poverty — Michael Roberts Blog

Desigualdad a 150 años de El capital

I have written many posts on the level and changes in inequality of wealth and incomes, both globally and within countries. There has been a ‘wealth’ of empirical studies showing rising inequality in incomes and wealth in most capitalist economies in the last century. There have been various theoretical explanations provided for this change. The […]

a través de Inequality after 150 years of Capital — Michael Roberts Blog

The Global Paradox

Most people missed it but America’s intelligence services also looked recently at developments in the world economy. The Office of the Director of National Intelligence (DNI) published its latest assessment, called Global Trends: The Paradox of Progress, which “explores trends and scenarios over the next 20 years”. The DNI concludes that the world is “living […]

a través de The global paradox — Michael Roberts Blog

A Trump boom? — Michael Roberts Blog

The US stock market continues to jump and has now reached a record high. Finance capital is getting very positive about Trumponomics with its plans for cutting taxes (both corporate and personal), reducing the regulation of the banks and implementing range of infrastructure projects to create jobs and boost investment. But even assuming all this […]

a través de A Trump boom? — Michael Roberts Blog

Global turbulence ahead — Michael Roberts Blog

This coming week sees the start of the semi-annual meeting of the IMF and World Bank in New York. This is an opportunity for the world’s economic strategists to review the state of the major world economies. And it’s not good news. Earlier this month, the OECD, which looks after the world’s top 30 economies, […]

a través de Global turbulence ahead — Michael Roberts Blog

Don’t expect any help from Japan or Europe — Michael Roberts Blog

US economic data gave somewhat conflicting outcomes in August. First, we found that the US economy grew far less than expected in the second quarter of 2016. Real GDP (that’s after inflation is removed) increased at only a 1.2% yoy rate. And business investment fell at a 9.7% annual rate, the third straight quarterly fall. On the […]

a través de Don’t expect any help from Japan or Europe — Michael Roberts Blog