Archivo de la etiqueta: Michael Roberts

Forecast for 2021 — Michael Roberts Blog

This time last year, I started my post on the forecast for 2020 by making a distinction between predictions and forecasts.  I argued that we can make predictions that can be tested, say about the climate and global warming.  Climate scientists predict that if carbon emissions keep rising, then global temperatures will keep rising and eventually […]

Forecast for 2021 — Michael Roberts Blog

G20: the debt solution — Michael Roberts Blog

This weekend, the G20 leaders’ summit takes place – not physically of course, but by video link.  Proudly hosted by Saudi Arabia, that bastion of democracy and civil rights, the G20 leaders are focusing on the impact on the world economy from the COVID-19 pandemic. In particular, the leaders are alarmed by the huge increase […]

G20: the debt solution — Michael Roberts Blog

Capital Wars — Michael Roberts Blog

We’ve had the argument that the major global issue of the 21st century is the growing trade and technology war between the US and China. In their book, Trade Wars are Class Wars, Klein and Pettis reckon that the trade imbalances are cause by inequality and income and consumption in the two powers: China has […]

Capital Wars — Michael Roberts Blog

ASSA 2020 – part three: currencies, climate, china and crises — Michael Roberts Blog

In this last part of my review of ASSA 2020, I want to cover some other issues discussed at ASSA, especially one big issue: the economics of climate change; and finally, look at the papers in the sessions organised by the Union for Radical Political Economics (URPE) – the main association covering Marxist economics. One […]

a través de ASSA 2020 – part three: currencies, climate, china and crises — Michael Roberts Blog

HM3: the profits-investment puzzle — Michael Roberts Blog

The other session at the Historical Materialism London conference that I participated in was on The Relation between Profits, Investment and Crises. This was organised by Al Campbell from the University of Utah. In his paper, Al outlined how in the last two decades a gap opened up between the growth in profitability and the […]

a través de HM3: the profits-investment puzzle — Michael Roberts Blog

The G20 and the cold war in technology — Michael Roberts Blog

Last weekend’s G20 summit in Osaka resolved nothing substantial in the ongoing trade and technology war that the US is now waging with China. At best, a truce was agreed on any further escalation in tariffs and other measures against Chinese tech companies. But there was no long-lasting agreement reached. And that’s because this is […]

a través de The G20 and the cold war in technology — Michael Roberts Blog

Forecast for 2019 — Michael Roberts Blog

Well, there has not been a year starting like this for a long time. The US government is in disarray. The President of the Unites States starts the second half of his four-year term having lost his majority in the lower house of Congress to the Democrats in a heavy polling defeat last November. He starts […]

a través de Forecast for 2019 — Michael Roberts Blog

More momentum on the banks — Michael Roberts Blog

At the weekend, I participated in a session on what to do about the banks at the Momentum conference (The World Transformed) in Liverpool, England. For those readers who do not know what Momentum is, it is a campaigning group within the British Labour Party that supports more radical measures in favour of labour and […]

a través de More momentum on the banks — Michael Roberts Blog

¿Se avecina una crisis mundial deudora?

Argentina is seeking International Monetary Fund aid after a series of drastic interest rate rises failed to stop the slide in the peso, pushing the country towards a financial crisis. Mauricio Macri, Argentina’s right-wing, pro-big business president, announced the approach to the IMF in a nationally televised address, saying international assistance would enable the government […]

a través de Global debt crisis ahead? — Michael Roberts Blog