The International Monetary Fund has determined that Ukraine’s financing needs over the next two years may exceed the government’s estimates by $10–20 billion, Bloomberg reported on Sept. 11, citing undisclosed sources. But don’t worry, Europe […]
28 August 2025 NIMA ALKHORSHID: Hi everybody, today is Thursday, August 28, 2025, and our friends Richard Wolff and Michael Hudson are back with us. Welcome back, Richard and Michael. RICHARD WOLFF: Glad to be […]
The IMF and its academic acolytes want more austerity and privatisation, ignoring the fact that these ‘good policies’ are what got us here. Michael Roberts is an Economist in the City of London and a prolific […]
The main difference between Trump and the “traditional” neoliberals turns out to be their optimism or pessimism regarding durable control of government Branko Milanović is an economist specialised in development and inequality. His new book, […]
Central bank technocrats are not ‘independent’ Read Article HERE This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license
Central banks don’t really control inflation. Their real purpose is to protect financial assets at the expense of workers’ wages. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from […]
Economist Michael Hudson warns that the U.S. has morphed into a “free lunch economy,” where wealth flows not from production but from unearned rents and financial gains. Wall Street landlords like Blackstone buy up homes, […]
The paranoia about the power of the ‘City’ has dominated progressive politics in Britain for decades and has perverted the policy set that the politicians think is available to them. Not much will change while […]
America’s biggest bank, JP Morgan Chase, is at the centre of the Epstein scandal. Pam Martens and Russ Martens are financial journalists. Cross-posted from Counterpunch On July 7, the U.S. Department of Justice and the […]
6 August 2025 Economist Michael Hudson describes how the Western powers designed the international financial, legal, and political system in a way that benefits North American corporations at the expense of the countries of the […]
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