Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it should be implemented. They explain their thinking to Phil Dobbie on this week’s free edition of the Debunking Economics podcast.
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Steve Keen – Ford and Edison, the anti gold bugs
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Michael Hudson – Were the Biblical Prophets Anti-Semitic?
Netanyahu’s Likud government rejects the ethic of the Jewish Bible as much as America’s Christian evangelists reject the message of Jesus. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a […]
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