Monthly Archives: March 2009

U.S. Military Spending and the up-coming G-20 Meeting

March 29, 2009
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Political Economy Research I am travelling in Europe for three weeks to discuss the global financial crisis with government officials, politicians and labor leaders. What is most remarkable is how differently the financial problem is perceived over here. Its like being in another economic universe, not just another continent. The U.S. media are silent...

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Weekly Talk Show – Renegade Economist

March 28, 2009
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This episode of the Renegade Economist can be view here.

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The Financial Sector: "A House Burning Down"

March 16, 2009
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Ben Bernanke’s False Analogy Global Research On the March 15 CBS show “60 Minutes”, Federal Reserve Chairman Ben Bernanke used a false analogy already popularized by President Obama in his quasi-State of the Union Speech. He likened the financial sector to a house burning down – fair enough, as it is destroying property values,...

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Guns and Butter – "The Way We Were and What We Are Becoming"

March 4, 2009
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Interviewed by Bonnie Faulkner for Guns and Butter on KPFA radio, March 4th, 2009 “The Way We Were and What We Are Becoming” with financial economist and historian, Dr. Michael Hudson. We begin with an analysis of the continuing bailout of insurance giant AIG and Monday’s stock market selloff; price and debt deflation; the...

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