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Michael Hudson



On finance, real estate and the powers of neoliberalism



Last Build Date: Sun, 15 Apr 2018 07:24:56 +0000

 



Ho Hum – More Trade Threats

Fri, 13 Apr 2018 02:07:46 +0000

  Does President Trump know anything about trade?    Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.  The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode Continue Reading



Palatial Credit: Origins of Money and Interest

Fri, 06 Apr 2018 23:26:30 +0000

Origins of Money and Interest: Palatial Credit, not Barter Neolithic and Bronze Age economies operated mainly on credit. Because of the time gap between planting and harvesting, few payments were made at the time of purchase. When Babylonians went to the local alehouse, they did not pay by carrying grain around in their pockets. They Continue Reading



High Cost Economy

Fri, 06 Apr 2018 00:41:44 +0000

Monopoly capitalism and models of resistance. This week, author Michael Hudson on Donald Trump’s fake economics. It’s all coming up on the Laura Flanders Show, the place where the people who say it can’t be done take a back seat to the people who are doing it. Welcome. Infrastructure, we’re going to start spending on Continue Reading



There’s an idea – deregulate the banks!

Tue, 03 Apr 2018 22:12:31 +0000

The Hudson Report, March 28, 2018 Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.  The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we Continue Reading



The Hudson Report: Ep 1 Debtors Prisons 2018

Wed, 21 Mar 2018 01:28:04 +0000

Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left. Transcript Debtors Prisons 2018 THE HUDSON REPORT: Modern-day debtors’ prisons and debt in antiquity POSTED ON MARCH 19, 2018 We’re excited to announce our new weekly Continue Reading



National Security Deep State Saunter

Fri, 16 Mar 2018 05:35:05 +0000

Max Keiser pushed for deeper analysis of the drivers behind the contradictory policies of the Imperial President.



The Imperial President defends Wall St’s rent-seeking turf

Fri, 16 Mar 2018 00:41:25 +0000

Trump’s Tariff Travesty Will Not Re-Industrialize the US, TRNN, March 15, 2018 SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries coming to you from Baltimore. The Organization for Economic Cooperation and Development, or known as the OECD, predicted on Tuesday that Trump’s tariffs on aluminum and steel imports could initiate a wave of Continue Reading



Tariff Talk

Thu, 15 Mar 2018 03:13:38 +0000

An interview on Max’s 1200th show! Congratulations Max and Stacey.



A Travesty of Protectionism

Thu, 08 Mar 2018 23:13:57 +0000

Trump’s series of threats this week was a one-two punch. First, he threatened to impose national security tariffs on steel and aluminum, primarily against Canada and Mexico (along with Korea and Japan). Then, he suggested an alternative: He would exempt these countries IF they agree to certain U.S. demands. But these demands make so little Continue Reading



Trade Deal Busting

Tue, 06 Mar 2018 23:48:18 +0000

Democracy Now, in debate with Lori Wallach. The discussion starts at the 20 minute mark.



Tollbooth Trump

Tue, 13 Feb 2018 20:55:06 +0000

The Real News Network, February 13, 2018. SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries coming to you from Baltimore. President Trump presented his infrastructure plan on Monday. The long-awaited plan proposes to spend $200 billion in federal funds over the next 10 years. This is to be complemented with another 1.3 trillion Continue Reading



Greek debt update

Sat, 03 Feb 2018 21:22:05 +0000

Taken from a short interview with Greece’s Banking News. According to the IMF, Greece’s debt isn’t manageable in the long-run without being either extended or forgiven. Where do you stand towards this claim? How important is the Greek debt relief? The IMF’s European research staff staff was quite correct in stating some years ago that Continue Reading



Public Banking perspectives

Sun, 28 Jan 2018 23:09:54 +0000

I appeared alongside Ellen Brown on Princetown Community Television in two parts. Enjoy! unsplash-logoJosh Calabrese



Could/Should Jubilee Debt Cancellations be Reintroduced Today?

Wed, 17 Jan 2018 22:50:55 +0000

By M. Hudson (University of Missouri) and C. Goodhart (LSE) As published by the Center for Economic Policy Research. Abstract In this paper we recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. We note that it would not be possible to copy that procedure exactly nowadays, primarily Continue Reading



Year End 2017

Tue, 02 Jan 2018 21:44:26 +0000

2017: A Banner Year for Corporate Mergers, Which Further Deepens Inequality  The RealNews Network, January 2, 2018.
Low interest rates, “quantitative easing,” and the mitigation of antitrust laws led to more mergers and acquisitions in 2017, but that’s only going to fuel greater wealth inequality and tighten the corporate grip on the political system, explains economist Continue Reading



He died for our debt, not our sins

Fri, 22 Dec 2017 02:14:21 +0000

Cross posted from our friends at Renegade Inc. As many people turn towards their Christian and Jewish faiths this Christmas and Hanukkah in an attempt to make sense of the year that was, at least one economist says we have been reading the bible in an anachronistic way.
 In fact he has written an entire Continue Reading



Timeless Sparring

Thu, 21 Dec 2017 02:42:38 +0000

Once again on the Renegade Economists radio show, with insights from the economic history of the Middle Ages, with a particular focus on the Byzantine era. How have the wealthy remained in control, in the process removing the debt jubilee?



On Simon Patten

Thu, 21 Dec 2017 02:36:33 +0000

As one of my most respected intellectuals, this piece by Trey Popp from the Prophet of Prosperity reveals some needed detail on the importance of Simon Patten’s thinking. For that reason it is worth re-posting. Simon Patten, who led the Wharton School during the Progressive Era, was a pioneer of the economics of abundance, theorist Continue Reading



Germany’s choice

Tue, 28 Nov 2017 21:47:06 +0000

Introduction to GERMAN edition of Super Imperialism, 2017. In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian system uplifting all countries, not stripping their assets and imposing austerity. The reality since World Continue Reading



Michael Hudson’s “TED TALK” on Economics

Tue, 24 Oct 2017 10:35:35 +0000

This is the Michael Hudson “TED TALK” on economics. It covers everything you need to know about our failed global economic system and what to do about it, as featured in his book, J IS FOR JUNK ECONOMICS – A GUIDE TO REALITY IN AN AGE OF DECEPTION. Transcript (edited) Ross: The common refrain that Continue Reading