Economist and author Michael Hudson, author of ‘…and Forgive Them Their Debts: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year’, shares with journalist Chris Hedges how ancient cultures forgave debt cyclically to prevent debt peonage and the rise of an oligarch elite.
Economics
Steve Keen – Why we Regularly Witness Financial Debt Crises due to Asset Price Inflation
Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity […]
Economics
Steve Keen: Are Icebergs Fluffy?
Steve Keen discusses the nature of debt, why home prices will fall, and why the regulators and authorities are unable to disassemble the debt bomb.
EU politics
Aufhebunga Bunga – Popular Not Populist featuring Anton Jaeger
The big 2018 populism discussion. We trash mainstream interpretations of populism (hiya, Cas Mudde) and debate the merits and demerits of ‘left populism’. Thatcher, Clinton and Blair are today thought of as anti-populists, but what […]
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