By Michael Roberts (first written 23 September) The 80th edition of the United Nations General Assembly (UNGA 80) opened yesterday in New York. The theme this
Category: Economics Archive
By Michael Roberts The US economy has a widening gap: between rising inflation on the one side and employment on the other. According to mainstream
By Michael Roberts In 2019, economics professor Gita Gopinath left the halls of Harvard University to become the chief economist at the International Monetary Fund
By Michael Roberts US President Donald Trump announced that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors. Trump says
By Michael Roberts Every August, the regional Kansas City Federal Reserve holds a symposium for the world’s central bankers to consider their role in economic
Book reviews: dollar decline, failures of mainstream economics and epochal crisis
By Michael Roberts It’s mid-summer in the Northern hemisphere, so I thought it might be the time for a quiet review of some books on
By Michael Roberts A recent article in the UK’s Financial Times got very excited about the rise of intangibles. The author, Tek Parikh, said that “50 years go,
By Michael Roberts Last weekend the 18th Congress of the World Association of Political Economy (WAPE) took place in Istanbul, Turkey. WAPE is a Chinese-run
By Michael Roberts Last week, the mega tech companies – the so-called Magnificent Seven – presented their latest earnings results. They appeared to be ‘blockbuster’.
By Michael Roberts The Magnificent 7 stocks — NVIDIA, Microsoft, Alphabet (Google), Apple, Meta, Tesla and Amazon — now make up around 35% of the
