By Michael Roberts At the beginning of this year, I wrote a post on how the capitalist mode of production was in what some call
Category: Economics Archive
By Michael Roberts The cost of borrowing to invest or consume is reaching record levels. One benchmark for this is the real interest rate on
By Michael Roberts This month the European Central Bank again hiked its policy interest rate, the rate that provides the floor to all credit rates
By Michael Roberts In the first part of my coverage of this year’s IIPPE annual conference, I outlined the discussion from just one session in
By Michael Roberts The annual conference of the International Initiative for the Promotion of Political Economy (IIPPE) took place last week in Madrid. The IIPPE
By Michael Roberts “For all that we are told we live in an increasingly dematerialised world where ever more value lies in intangible items –
By Michael Roberts In the last few days, the leading central bankers of the advanced capitalist economies met at the annual jamboree in Jackson Hole,
By Michael Roberts The three-day summit of the BRICS leaders ends today (24 August). The BRICS are Brazil, Russia, India, China and South Africa. Russian
1.2% of adults have 47.8% of the world’s wealth while 53.2% have just 1.1% By Michael Roberts Every year, I bring to the attention of
By Michael Roberts This week Russia’s central bank held an extraordinary meeting to discuss the level of its key interest rate after the Russian ruble
