Blog Archives

S for Saint Simon

July 31, 2014
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Part S in the Insider’s Economic Dictionary S-curve: The typical shape of growth in nature, such as human beings whose height tapers off as they reach maturity. They also typify most business cycles, which taper off after an upswing as employment, raw-materials and resource limits are approached and wages and commodity prices rise, slowing...

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US Fracking EU Sovereignty

July 30, 2014
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Explosive! More to come on the Washington Consensus’ latest trickery.

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Vulture Funds trump Argentinian sovereignty

July 24, 2014
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More at The Real News PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay. The U.S. Supreme Court’s refusal to review a case in which vulture funds sued to make the Argentinian government pay them 100 percent of the value of bonds, which they purchased for a fraction of...

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Escaping the dollar

July 19, 2014
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More at The Real News Is the New BRICS Bank a Challenge to US Global Financial Power? Michael Hudson and Leo Panitch discuss and debate the significance of the new international development bank created by Brazil, Russia, India, China and South Africa – 6 min ago Michael Hudson is a Distinguished Research Professor of...

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Bank for Settlements annual report: Tax labor to pay bondholders.

July 12, 2014
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On Boom Bust we discuss the Bank of International Settlements Report and where the US macroeconomy is heading. Starts about 4 minutes in.

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No to currency slavery

July 10, 2014
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From RT news Western support will allow more IMF and European lending to prop the Ukrainian currency so the Ukrainian oligarchs can move their money safely to British and US banks, economist and author Michael Hudson told RT’s Truthseeker. RT:Could you summarize for us the tried and tested steps that will lead from IMF...

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Ukraine: Bureaucratic Bliss

July 2, 2014
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More at The Real News Transcript WORONCZUK: So, Michael, let’s talk about the economic association agreement that Moldova, Georgia, and Ukraine signed with the E.U. last week. Let’s get a sense of what are the details of the agreement. And how does this differ from–let’s say, in economic terms, from a full-fledged membership with...

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Ukraine’s Gangster State

June 30, 2014
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Hard and fast insights on Ukraine’s land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well be another test on how far things can be pushed, building on Latvia. Share this. Transcript This is a rush transcript. Copy may not be in its final form. RT: Nuclear weapons plans in the...

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Tea Party Winners

June 23, 2014
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Why the Tea Party & European Right Are Winning Elections More at The Real News Michael Hudson: There is no real left-wing alternative to the right Bio Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His two newest books are “The Bubble and Beyond” and “Finance...

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The Economic Crisis & Crisis Theory II

June 13, 2014
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This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the kind of socioeconomic change that is called for. Alan Freeman...

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