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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 […]
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 […]
In 2023, will Emmanuel Macron once again fall into the wrong era by illustrating himself as president of the rich? Unfortunately, this is what is in store with the pension reform. During his first term, […]
The wellbeing of a capitalist society depends on the endless accumulation of privately owned capital. This requires a replacement of input-minimising by output-maximising rationality. One result is a fiscal crisis of the state, due to […]
A long weekend read covering a lot of essential economic and political terrain. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research […]
Debunking the usual government lie of “We can’t afford this”. Interest rates were attached to Quantitative Easing, so that banks get interest on money created by the BoE, in which they have done nothing to […]
In the early 1960s, America’s richest faced a 91 percent tax rate on income in the top tax bracket. The current top-bracket rate: 37 percent. Sam Pizzigati writes on inequality for the Institute for Policy […]
An excellently explained piece explaining why economics is about political priorities as well as human and physical resource limits. Chris Dillow is an economics writer at Investors Chronicle. He blogs at Stumbling and Mumbling, and […]
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