Susan Weissman interviews Michael Hudson Susan Weissman, an editor of Against the Current, interviewed author Michael Hudson this past April on her program “Beneath the Surface” on radio station KPFK, Pacifica in Los Angeles. Many thanks to Walter Tanner for transcribing. The following is an abridged and edited text of the interview. SUSAN WEISSMAN:...
Interviews
The Plot to Shift Taxes Off Wealth onto Wage Earners
Guns and Butter, KPFA. “AAA rating of subprime junk; inflation; change in world order; privatization of banking system through the Federal Reserve; Alan Greenspan and the 1982 Social Security Committee; junk economics; windfall profits; the law of fraudulent conveyance.” Listen here
FIRE economy, the dollar, asset inflation and deflation, and the economic growth ratchet
iTulip Interview Eric Janszen interviews Dr. Michael Hudson on the FIRE economy, the dollar, asset inflation and deflation, and the economic growth ratchet. Part I (Flash format) Part II (Flash format)
America: Host or Parasite?
America: Host or Parasite? in Guns and Butter, KPFA “We discuss the US balance of payments trade deficit which creates US credit to finance the US national debt and war abroad; Russian economic shock therapy as the final stage of the cold war; the real estate bubble; permanent war and the inevitable collapse of...
Russia: Reforming the Reformers
an Interview with Michael Hudson for Counterpunch By STANDARD SCHAEFER On Sunday, March 14, Russians will re-elect Vladimir Putin for a second term as president. In the Duma elections three months earlier, on December 7, his United Russia party won such overwhelming support that he will have the power to rewrite the constitution dictated...
An Insider Spills the Beans on Offshore Banking Centers
an Interview with Michael Hudson for Counterpunch. By STANDARD SCHAEFER The oil industry created the practice of countries (SHIPS?) flying “flags of convenience” as a means of avoiding income taxes nearly a century ago. Since the 1960s the U.S. Government itself has encouraged American banks to set up branches in Caribbean hot-money centers and...
How Privatization Sterilizes Culture
an Interview with Michael Hudson for Counterpunch. By STANDARD SCHAEFER Since the 1980s computer technology has been promoted as democratizing leisure by lowering the production costs of knowledge and culture. Consumers were promised more free time, yet a quarter or even a third of family income for the low- and middle-income brackets now goes...
Chile's Failed Economic Laboratory
an Interview with Michael Hudson for Counterpunch By STANDARD SCHAEFER In acknowledging the recent thirtieth anniversary of the US-sponsored coup that brought to General Augosto Pinochet to power in Chile, a number of articles and opinion pieces have appeared. The Nation recently cast the incident in somewhat sentimental terms. Such efforts to turn Salvador...
Tech Bubble: Who Benefited?
An Interview with Michael Hudson for Counterpunch By STANDARD SCHAEFER During the boom of the 1990s, neoliberal economists and the financial press promoted the the high tech revolution for its ability to reduce production costs. As long as government did not interfere with markets, technology would lead to an improvement in the quality of...
The Coming Financial Reality
An Interview with Economist Michael Hudson for Counterpunch By STANDARD SCHAEFER The war in Iraq is allegedly over, interest rates are going lower and there are rumors of recovery although the economy is still in the doldrums. A Bush is president, but an election is around the corner. It sounds a bit like the...
Books by Michael Hudson
