Posts Tagged ‘ Euro ’

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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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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EU Voters Turn Against Austerity

May 29, 2014
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More at The Real News Reflecting on this topic, I add: The US press and newscasts make it appear that Europeans have voted against poor immigrants and foreigners. What they voted against the super-rich, the oligarchy. The “foreigners” being opposed include the United States insisting on drawing NATO into its wars in Libya,Iraq, Syria...

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EU: nationalism a cover for austerity

May 15, 2014
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The Ukraine sovereignty issue discussed in light of pro-Russian politics vs austerity comforts.

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The New Cold War’s Ukraine Gambit

May 13, 2014
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The New Cold War’s Ukraine Gambit

Michael Hudson The following article is from a new book, Flashpoint in Ukraine, edited by Stephen Lendman. It is currently available from Clarity Press as an e-book, and soon to be printed. Finance in today’s world has become war by non-military means. Its object is the same as that of military conquest: appropriation of...

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Ukraine: “Go West, Young Man”

March 1, 2014
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By Jeffrey Sommers & Michael Hudson As first published on Truth Out “Let them loot.” That is the demand of the West when its NGO subsidiaries firebomb government buildings, murder policemen and loot the arms depots of military forts. Kiev is the equivalent of Kosovo as a Slavic city-of-origin. Are we seeing a replay?...

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Inner Econ Geek

October 1, 2012
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This interview with Profs. Hudson, Bill Black and Randy Wray at UMKC describes how the U.S. Financial sector has become criminalized, and describes how the economy will continue to shrink sharply after the November presidential election. Listen via here KCUR writes: Want to satisfy your inner econ geek? You’ve come to the right place....

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Financial Conquest or Clean State?

September 26, 2012
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This is an edited and expanded transcript from a live phone interview by Dimitris Yannopoulos for Athens News, September 2012. Dimitris Yannopoulos: As an academic with a strong grounding in economic history as well as banking and a Clean Slate, professor Michael Hudson has built his own school of thought – distanced from both...

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Modern Money and Public Purpose

September 24, 2012
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Here is the recording of the presentation I gave at the Modern Money and Public Purpose seminar recently. My delivery begins at the 43 minute mark. I highly recommend Randy’s presentation beforehand. Moderator: William V. Harris, William R. Shepherd Professor of History and Director, Center for the Ancient Mediterranean, Columbia University Speaker 1: L....

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Incorporating the Rentier Sectors into a Financial Model

September 12, 2012
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Incorporating the Rentier Sectors into a Financial Model

by Dirk Bezemer and Michael Hudson As published in the World Economic Association’s World Economic Review Vol #1. ABSTRACT Current macroeconomics ignores the roles that rent, debt and the financial sector play in shaping our economy. We discuss the Classical view on rents and policy responses to the rentier sector in the 19th century....

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