What is inflation? What causes it? What are the problems in how the Federal Reserve and other central banks respond to it? Michael Hudson is President of The Institute for the Study of Long-Term Economic […]
Robin McAlpine once again asking the right question and giving the right answer Robin McAlpine is founder of the Scottish think-and-do tank Common Weal Cross-posted from Common Weal There is something I’m finding increasingly unsettling […]
The billionaire class lost wealth in 2022 but it didn’t put a dent in their luxury spending. More money for billionaires doesn’t buy them more things, it buys them more political power. Sam Pizzigati writes on […]
Starts at Minute 1 The talk discussed the evolution in global inequality over the past thirty years. It will focus on the most recent 2008-2018 estimates of global income distribution and will draw political implications […]
Conventional economics is built around the idea of opportunity cost. If there is a limited resource a decision has to be made about how best to use it. How is that principle applied when you […]
Michael talks about the current global political economy, oil prices, debt jubilees, monetary hegemony, and the US political parties. When asked for solutions, his answers might be troubling to some. It’s worth hearing him out. Listen […]
In a new podcast, every fortnight economies Radhika Desai and Michael Hudson will discuss major developments in the fast-changing world of geopolitical economy. In this first podcast, they introduce the themes they will discuss and […]
The billionaires and their invited guests at Davos will pay this international call no mind, but that doesn’t mean it can’t be done. After all, we’ve done it before. Sam Pizzigati writes on inequality for […]
The widespread notion that there is simply not enough houses being built is ignorant of the facts. You can’t tackle the housing crisis without tackling the liberalisation of the housing market. Cross-posted from Positive Money […]
After receiving trillions from governments in the recent economic crises, corporations feel it would be better if they ran the world. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from […]
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