Monthly Archives: April 2012

Fraud and Economics

April 25, 2012
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Another Keiser – Hudson discussion. Michael starts about half way through in analysis of austerity, debt and fraudulent conveyance.

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Productivity, The Miracle of Compound Interest and Poverty

April 22, 2012
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The bank regulators did not urge the government to tax real estate more. That would have squeezed homeowners on their bank loans – and left less new rental income to be capitalized into new bank loans. But it would have enabled the government to reduce its heavy taxes on employment. This was not the...

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EU IMF'd

April 18, 2012
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Lauren Lyster presses Michael Hudson on the desire for EU budget surpluses.

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Austerity still?

April 14, 2012
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Michael Hudson’s presentation for the session “The Challenge of DeLeveraging and Overhangs of Debt II: The Politics and Economics of Restructuring” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin. April 13, 2012.

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Geithner Turfed Out by EU Bankers

April 13, 2012
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Prof Hudson appears on the Renegade Economists radio show to discuss the economic growth trap, compound interest, Sumeria, the corruption of economics and how US interests are flexing in the debate over what constitutes a CDO default in the EU. This interview was conducted just days before Greece was given another reprieve. Recorded March...

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Debts that can’t be paid, won’t be

April 10, 2012
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An excerpt from a paper published for the conference Paradigm Lost: Rethinking Economics and Politics. I am speaking to this paper in Berlin this week. The full paper can be downloaded from their website (PDF). A common denominator runs throughout recorded history: a rising proportion of debts cannot be paid. Adam Smith remarked that...

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