By Michael Roberts “There will be blood” was the response of economists at JP Morgan, America’s biggest bank, on ‘Liberation Day’ (April 2), when Donald
Category: Economics
By Michael Roberts Abundance is a new book that has been attracting attention and debate among mainstream economists and politicians. It aims to explain to
By Michael Roberts On Monday 14 April, the IMF announced that it had agreed to lend Argentina’s Milei government a further $20bn (on top of
By Michael Roberts Despite Trump backing off from implementing his bizarre reciprocal tariffs imposed on every country in the world (including the penguin-only inhabited islands
By Jack Gerson, in California “Trump Has Added Risk to the Surest Bet in Global Finance”. So says an article in the New York Times,
By Michael Roberts This blog was originally published by Michael Roberts on Wednesday, 9 April 2025 after Trump implemented large tariffs on countries across the
By Michael Roberts 1. The overall impact of Trump’s tariff hikes is to raise the average tariff rate on US goods imports to 26%, the
By Michael Roberts It’s not April Fools day (April 1). But it might as well be, as later today US President Donald Trump announces another
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UK: still Winter, no sign of Spring
By Michael Roberts The UK government’s Spring statement on spending was as expected – really awful. First, Chancellor Rachel Reeves had to accept that the
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From welfare to warfare: military Keynesianism
By Michael Roberts Warmongering has reached fever pitch in Europe. It all started with the US under Trump deciding that paying for the military ‘protection’
