By Michael Roberts The US stock market continues to hit new record highs; the bitcoin price is also close to highs and the gold price
Category: Economics
By Michael Roberts This week the price of gold in US dollars hit $4,000 per troy oz. This is an historic high (at least in
By Michael Roberts Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends
By Michael Roberts Last week US Treasury Secretary Scott Bessent offered a $20bn swap line to Javier Milei’s government in Argentina and pledged to buy
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The UN at 80: ignored and irrelevant
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
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
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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
