Cross posted from our friends at Renegade Inc. As many people turn towards their Christian and Jewish faiths this Christmas and Hanukkah in an attempt to make sense of the year that was, at least one economist says we have been reading the bible in an anachronistic way. In fact he has written an entire book on ...
Timeless Sparring
Once again on the Renegade Economists radio show, with insights from the economic history of the Middle Ages, with a particular focus on the Byzantine era. How have the wealthy remained in control, in the process removing the debt jubilee?
On Simon Patten
As one of my most respected intellectuals, this piece by Trey Popp from the Prophet of Prosperity reveals some needed detail on the importance of Simon Patten's thinking. For that reason it is worth re-posting. Simon Patten, who led the Wharton School during the Progressive Era, was a pioneer of the economics of abundance, theorist of ...
Germany’s choice
Introduction to GERMAN edition of Super Imperialism, 2017. In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian system uplifting all countries, not stripping their assets and imposing austerity. The reality since World War ...
Michael Hudson’s “TED TALK” on Economics
This is the Michael Hudson "TED TALK” on economics. It covers everything you need to know about our failed global economic system and what to do about it, as featured in his book, J IS FOR JUNK ECONOMICS – A GUIDE TO REALITY IN AN AGE OF DECEPTION. Transcript (edited) Ross: The common refrain that you hear ...
Socialism, Land and Banking: 2017 compared to 1917
An article written for the hundredth anniversary of the Russian Revolution, to be read in Beijing today. Socialism a century ago seemed to be the wave of the future. There were various schools of socialism, but the common ideal was to guarantee support for basic needs, and for state ownership to free society from landlords, predatory ...
Zero Government 101
On Australia's Renegade Economists radio show. How far can Wall St go? Julien Lavallée
Fictitious Economy
In deep with Gary Null, on the effects of economic inequality.
What Tax Plan?
Transcript “Trump's Tax Plan Helps Wall Street, Not Main Street,” TRNN, October 3, 2017. It should be called the Leona Helmsley tax plan,' says economist Michael Hudson. 'Only the little people will pay taxes'. S. Peries: It's the Real News Network. I'm Sharmini Peries coming to you from Baltimore. A general consensus is emerging that Trump's tax plan, ...
Trump’s Tax Tricks
With Thom Hartmann on The Big Picture, discussing the doublespeak behind Trump's Tax plan.
Richard Wolff interviews
A discussion on duplicitous economics with Richard Wolff. Our conversation begins at 30.50. https://www.youtube.com/watch?v=653DWJmfTK8
Change: One Day
Max Keiser interviews, pushing across the issues of the day. We start at the 16 minute mark.
Stock on Trumponomics
August 4 2017, The Real News Network “Trump is Turning Against the White Working Class that Elected Him,” The Real News Network, August 4, 2017. Rising stock prices is not an indicator of financial health like Trump would have you believe, specially when you examine who is buying that stock, says economist Michael Hudson, the author of ...
Dad’s Many Proverbs
These proverbs were collected by my father, Carlos Hudson, during the time he was jailed under the Smith Act in 1941, ostensibly for “Advocating the overthrow of the government by force and violence,” It was called the “gag act” because it put a gag on what one could read or say. Guilt was determined by ...
The Sins of Junk Economics
My annual panel with good friends Michael Perelman (Chair, California State University, Chino) and Bertell Ollman (NYU) at the Left Forum.
Harper’s Slow Crash
As published in Harper's Magazine. Two years before the 2008 Wall Street crash that toppled the global economy into deep recession, Harper’s Magazine published a dark prophecy of what was to come. In “The New Road to Serfdom,” economist Michael Hudson laid out how millions of Americans had taken on huge debts to buy houses on ...
Cancel Odious Greek Debts
In May I presented at a SYMPOSIUM | Greece, Out of The Crisis: Debt-End or Dead-End. The presentation I gave (via Video Conference) was entitled “Why the Greek debt should be cancelled. It was odious in the first place.” It can be viewed via this link.
A Single Enemy
I appeared on Australia's Renegade Economists radio show to discuss the state of their 'economic miracle' - 26 years of continuous growth. Show notes
