Michael Hudson – A Profile

We are looking at two very stark alternatives. The first represents destruction, both economic and military. And the second represents, again, development, both, in this case, economic and military, at least in the sense of […]

Since the mid-20th century, economic growth has become a sort of Holy Grail for measuring how economies are doing. But there are real problems using this method as it ignores increasing inequality and worsening environmental […]

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 […]