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.
Geopolitics
Pankaj Mishra, Chris Hedges – The World After Gaza
27 February 2025 The Holocaust is the quintessential example of human evil for people in the West. In the rest of the world, especially in the Global South, the atrocity of the Holocaust — genocide […]
Economics
Michael Hudson, Richard D. Wolff, Nima Alkhorshid – A Concept of a Plan … for the National Interest
NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 14th, and Michael and Richard are here with us to talk about what’s going on in the United States. Let’s start with Richard. Here is a video […]
Austerity
Yanis Varoufakis: On Europe’s austerity drive and DiEM25 – an OECD podcast
One country that symbolised the crisis of the last 10 years was Greece. Its insolvency embarked the country on a long regime of bail-outs and austerity. This August, Greece officially emerged from the crisis, with […]
Be the first to comment