By Michael Roberts The announcement that US President Biden’s Inflation Reduction Act (IRA) has got the backing of pro-business, coal-mining owner Democratic Senator Manchin has
Category: Economics Archive
By Gauthier Hordel of La Riposte Since the middle of 2021, inflation has continued to rise “uncontrollably”. This increase has very serious consequences for the stability
By Michael Roberts The latest US GDP figures for second quarter of 2022 renewed the debate about whether the US economy was in a recession
By Michael Roberts The major economies are moving closer to recession, if they are not already there; and yet inflation rates continue to rise (for
By Michael Roberts Once again, Western ‘experts’ are predicting a financial crash in China. “China is flailing”, says one commentator; another says “a debt bomb is about to
By John Pickard Writing in the Financial Times, its chief economic columnist, Martin Wolf, gave a stark description of the parlous state of British capitalism.
By Michael Roberts There is confusion among mainstream economists and policy-makers on whether the major economies are heading for a recession, are already in a
By Michael Roberts Japan’s prime minister Fumio Kishida comfortably won last October’s general election for the lower house of the Diet for the ruling Liberal
By Michael Roberts In this third part of my series on the future of work, I want to deal with the impact of automation, in
By Michael Roberts Inflation, risk of global recession, growing inequality and rising debt for the global south, global warming, war – I could go on.
