Articles

Institutional Discontent

March 22, 2015
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Europe Tilts East Towards China (1/2) Michael Hudson Report: Britain, German, France and Italy are among those who joined Asian Infrastructure Investment Bank in an expression of their discontent over World Bank polices that force developing countries to depend on the US – March 20, 2015 SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The...

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QE Intentions All Too Obvious

March 11, 2015
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“Quantitative Easing for Whom? TRNN, March 11, 2015. The European Central Bank’s trillion euro plan will only help keep the banks afloat. SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. In an effort to relieve some pressure on the struggling European economies, Mario...

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T is for Trickle-Down

February 19, 2015
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Part T in the Insider’s Economic Dictionary Tableau Économique: The first formal national-income account, developed by the Physiocrat Francois Quesnay on the analogy of the circulation of blood within the human body. (See Economist, Say’s Law.) Taxation: The way in which a government gives value to money by accepting it in payment of taxes...

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Ukraine denouement

February 16, 2015
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The  Russian loan and the IMF’s One-Two Punch The fate of Ukraine is now shifting from the military battlefield back to the arena that counts most: that of international finance. Kiev is broke, having depleted its foreign reserves on waging war that has destroyed its industrial export and coal mining capacity in the Donbass...

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Big Fish, Little Fish

January 5, 2015
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US 2015 budget anti pension law, January 2, 2015. On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year. Few people realize how radical the new U.S. budget law was. Budget laws are supposed to decide simply what to fund and what to cut....

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The Koch Brothers’ Governors

December 11, 2014
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Butlers Selling the Public’s Silver…. A Dress Rehearsal for Hillary? by Jeffrey Sommers & Michael Hudson The Koch Brothers are the closest thing the United States has to Russia’s oligarchs. They fuse ownership of the economy and state, using the latter to enrich themselves while making private gains through the public’s losses. Their idea...

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Backfired!

December 11, 2014
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U.S. New Cold War policy has backfired – and created its worst nightmare 1. The world’s geopolitics, major trade patterns and military alliances have changed radically in the past month. Russia has re-oriented its gas and oil trade, and also its trade in military technology, away from Europe toward Eurasia. The result is the...

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Think Tank Memories

October 9, 2014
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Think Tanks Blow Public Opinion: Prof Michael Hudson on the most influential US think tanks by Renegadeeconomists on Mixcloud Subscribe to the weekly Renegade Economists podcast Transcript Renegade Economists October 1, 2014: DOUBLETHINK TANKS, TAR SANDS, WATER & IMPERIALISM. Karl Fitzgerald: This week on the Renegade Economists we’re joined by Professor Michael Hudson, the...

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Piketty vs. the Classical Economic Reformers

October 9, 2014
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As published in the Real World Economics Review #69 – Special issue on Piketty’s Capital Thomas Piketty has done a great service in collating the data of many countries to quantify the ebb and flow of their distribution of wealth and income. For hundreds of pages and tables, his measurements confirm what most people...

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EU Fracking Wedge

September 16, 2014
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An interview with Radio Voice of Russia, World Service on Ukrainian sovereignty in the face of IMF loans, the push for fracking by US interests and how corruption lurks in the background. Is this Ukrainian pressure part of an EU fracking wedge on behalf of certain interests? According to this perspective, food sovereignty is...

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