Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
Is economics changing?
In an article entitled How economics is changing, FT columnist Harvey Nripia paints a generally positive picture of economics as an academic discipline in the 21st century. He argues that economics has become more inventive and empirical and now provides, on the whole, increasingly useful advances in our knowledge about economies and how human societies…
Part three – a value theory of inflation
In this post, I return to my review of the theories of the causes of inflation in modern economies. In the first part, I discussed the mainstream theories; in the second part, I discussed heterodox and other Marxist theories. In this third part, I present a value theory of inflation developed by Guglielmo Carchedi and myself.…
WAPE 2026: Adam Smith, imperialism and financialisation – and an award
Last week, the 19th Congress of the World Association of Political Economy (WAPE) took place at the University of Greenwich, London. WAPE is a Chinese-run academic economics organisation, linking up with Marxist economists globally. “Even though that might seem like bias, the WAPE forums and journals still provide an important outlet to discuss all the developments in the world capitalist…
Michael Roberts Blog