By Michael Roberts This blog was originally published by Michael Roberts last Friday, 5 May 2023. The original article can be found here. ************** The
Category: Economics Archive
By Michael Roberts The collapse of First Republic Bank is the latest chapter in the rolling banking crisis in the US. This was the second
By Michael Roberts Last week, the Bank of England’s chief economist, Huw Pill, doubled-down on the argument that the current inflationary spiral affecting the major
By Michael Roberts Christine Lagarde, the head of the European Central bank (ECB), made an important ‘keynote’ speech last week to the US Council of Foreign Relations
By Michael Roberts Only last February, I posted that there had been a burst of optimism about the state of the world economy in 2023.
By Michael Roberts ChatGPT is being heralded as a revolution in ‘artificial intelligence’ (AI) and has been taking the media and tech world by storm
By Michael Roberts The recent massive demonstrations against the Macron administration in France forcing through so-called pension reforms reveals the determined attempts of pro-capitalist governments
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Do wage rises cause inflation?
Steve McKenzie (Unite Community member – Lewisham, Greenwich, Bexley) answers this question using a Marxist classic – Wages Prices and Profit – that can be
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Surviving the Pay Squeeze: Panorama documentary.
Mark Langabeer (Hastings and Rye Labour member) watched the recent BBC1 Panorama broadcast (watch here). BBC reporter Ros Atkins asked why are there so many
By Michael Roberts Stock markets are jumping back up today. It seems that financial investors think the monetary authorities and banking supervisors have got the
