Trump Infrastructure Plan = Developer Welfare

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SHARMINI PERIES: It's The Real News Network. I'm Sharmini Peries, coming to you from Baltimore. While protestors and police are clashing on the inaugural parade route in Washington, D.C., the newly sworn-in President of the United States is lunching with the establishment in Washington -- Some of the very people he called out in his inaugural address. Let's have a look. DONALD TRUMP: We are transferring power from Washington, D.C. and giving it back to you, the people. CROWD: (applause) DONALD TRUMP: For too long a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished but the people did ...

Golden Tongues

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Michael Hudson on the Orwellian Turn in Contemporary Economics, TRNN, November 17, 2016. Economist Michael Hudson sits down with Sharmini Peries to talk about the elections and his new book J is for Junk Economics [Out January 20, 2017). SHARMINI PERIES, TRNN: It’s the Real News Network. I’m Sharmini Peries coming to you from Baltimore. Come January 20th Donald Trump is placed to take power in Washington D.C., and there’s one thing that everyone is wondering about is what kind of economic policies will he implement that we should really worry about it. Well there’s been one economist, Michael Hudson, who’s been thinking hard and taking a close look on the economics profession and how it misleads the general public in favor of ...

Innocuous Proclaimations

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This is a transcript from Meet the Renegades with economist Michael Hudson and interviewer Ross Ashcroft. You can watch the full interview with Michael here. Michael Hudson: I’m Michael Hudson. I’m a professor of economics at the University of Missouri, Kansas City and Peking University. My focus is on the distinction between the financial economy and the real economy at large. I treat the financial sector and debt as an economic overhead, so my focus is on how society can deal with the debt and to explain why society cannot recover from the current depression until it writes down the debts to what can be paid. Ross Ashcroft: Michael, we’re almost a decade on since 2008 and we sit here now in the ...

Keen, Hudson Unpick Historical Path to Global Recovery

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REAL VISION INTERVIEW TRANSCRIPT: Featuring: Michael Hudson, Steve Keen Published date: 22nd of November 2016 Synopsis: With two renegade economists in one room in London for 90 minutes you can expect some pretty controversial opinions about the current economic establishment. This film has all the makings of a Real Vision classic, as Steve Keen interviews professor and author, Michael Hudson, sharing their radical views and an extraordinary depth of knowledge. Discussing the complacency and complicity of traditional economic models, as taught in universities and adopted by central banks, Michael and Steve take us on a journey from a solar system to a galaxy of thought, taking in the history of economics to solutions for the ongoing global depression. Subscriber video link The content and ...

Trump the 1%

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Michael Hudson: Donald Trump Wants to Make the 1% Even Richer,” The Real News Network, November 18, 2016. Economist Michael Hudson explains how economic terms like capital gains are deployed to mislead the public about who is benefiting from economic policy and where wealth is going. SHARMINI PERIES, TRNN: Welcome back to the Real News Network. I'm Sharmini Peries coming to you from Baltimore. Today I’m being joined in our Baltimore studio by economist Michael Hudson. Michael has a new book out January 20 - J is for Junk Economics: A Survivor’s Guide to Economic Vocabulary in an Age of Deception. Michael is a distinguished Research Professor of Economics at the University of Missouri, Kansas City. Thanks so much for joining us ...

How Taxes Were Shifted Off Real Estate

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Nov 21 2016 How Taxes Were Shifted off the Donald Trumps of the World and onto Homeowners, The Real News Network, November 21, 2016. https://www.youtube.com/watch?v=8rhBdWojLe0 SHARMINI PERIES, TRNN: It’s the Real News Network. I’m Sharmini Peries coming to you from Baltimore. And we’re unpacking some economic mythologies here with Michael Hudson who joins us in our Baltimore studio. Thank you so much for joining us Michael. MICHAEL HUDSON: Good to be here. PERIES: Michael has a new book out, J Is for Junk Economics: A Survivor’s Guide to Economic Vocabulary in an Age of Deception. Michael, so let’s continue our discussion about the various myths that are out there that we need to be aware of in order to understand the economy. Part of the ...