Michael Hudson is both an outstanding non-orthodox economist and a leading researcher in the study of ancient societies. David made Michael’s work far more visible than it would otherwise have been, and of course he enriched that with his own anthropological studies. He is unable to take part in the activities for David this Sunday, so I recorded this brief conversation with him about David. We miss him, both as a friend as an outstanding and original scholar.
After eight grueling years of austerity, Greece today emerged from its bailout program. The $330 billion in loans from the European Union, the European Central Bank, and the International Monetary Fund saved the country from […]
Economist Michael Hudson explains the inflation crisis and US Federal Reserve’s “austerity program to reduce wages” and boost unemployment. He warns a “long depression” is coming, due to the new cold war on Russia and […]
Since the 2008 crisis, HSBC has been involved in countless scandals: Money laundering for drug cartels, corruption, tax fraud… And yet the international bank escapes justice with insignificant fines. Why are they “too big to […]