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michael roberts

The inflation debate and The inflation conundrum (tags)

If inflation is the result of a distributional conflict, it can be deliberately stopped by governments. Governments could skim off the higher profits through a tax in order to subsidize energy costs for consumers. Governments could also raise taxes (on the rich).

What will it be like after the pandemic? (tags)

From the March outbreak to the end of May 2020 alone, over forty million people filed initial claims for unemployment benefits. Images of endless lines in front of soup kitchens went around the world. In the meantime, the USA threatened to sink into chaos.

Corporate corruption and the Bush Administration (tags)

Corruption

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