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
Category: Economics
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
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
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’
The rebellious role of peasants in European history
By Michael Roberts Pausing on further analysis on Trump, trade and tariffs, this post is on economic history. Robert Dees has written an opus of
By Michael Roberts The Chinese government is just completing its annual ‘two sessions’ or lianghui, where China’s political elite approve the economic policy agenda for
By John Pickard Elon Musk, the unelected supremo of the Department of Government Efficiency (DOGE), is creating chaos in US federal agencies. That is in
