Michael Roberts blog
Blogging from a Marxist economist
Recent Analysis
David Harvey and the ever-changing contours of capitalism
Professor David Harvey is a highly influential Marxist geographer and economic theorist whose work spans several decades. He is the author of many important books over the decades analysing capitalism and its ever-changing features and contours. Although having turned 90 years old last October, he still teaches at the Graduate Center of the City University…
Iran and the US economy
The Iran war rages on. Having failed to repeat his Venezuela option’’ ie decapitating the Iranian leaders and then getting Iran to surrender, US President Trump has been dragged into a long war. So far, he has opted for escalation, cajoled by his advisers and forced on by unbridled attacks on Iran and Lebanon by…
Adam Smith: 250 years
This week 250 years ago, Adam Smith published An Inquiry Into the Nature and Causes of the Wealth of Nations – and invented economics. Made up of five ‘books’ over 1000 pages, the Wealth of Nations is really the ‘old testament bible’ of classical political economy, with David Ricardo’s Principles of Economics, written in 1819, as the…