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 the top 1%. Michael Hudson joins us today to talk about ...

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 developed west and we look at the global economy. To ...

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 use of this transcription is intended for the use of ...

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 Michael. MICHAEL HUDSON: Good to be here in your Baltimore studio. PERIES: ...

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. 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 problem is ordinary people, partly some because of this terminologies ...

Break Up the Democratic Party

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It’s Time for the Clintons, Rubin to Go – and Soros too. In the week leading up to last Tuesday’s election the press was busy writing obituaries for the Republican Party. This continued even after Donald Trump’s “surprising” victory – which, like the 2008 bank-fraud crash, “nobody could have expected.” The pretense is that Trump saw what no other politician saw: that the economy has not recovered since 2008. Democrats still seem amazed that voters are more concerned about economic conditions and resentment against Wall Street (no bankers jailed, few junk mortgages written down). It is a sign of their wrong path that party strategists are holding onto the same identity politics they have used since the 1960s to divide Americans into hyphenated special-interest groups. Obviously, the bottom 95 Percent realize ...

Bill for Change

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