We’re told that debt forgiveness is impossible, because all debts must be paid, and to do the opposite is to invite anarchy and chaos. But what if none of it was true? Renowned economist Michael […]
The First Fight between Michael Hudson and Thomas Piketty about the nature of Debt was held on the 10th anniversary of the edition of David Graeber’s 5000 Years of Debt. The fight had so many […]
An interview with one of Australia’s most respected economists, Alan Kohler. Why are Australia’s house prices almost double the US’s? With detail on geo-political issues re Belt n Road. Listen here Photo by Charles Parker […]
“The Federal Reserve has been single handedly financing the stock market and the bond market. The government has been giving away monopoly privileges to increase profits, to help support stock and bond prices, and that’s […]
This all reminiscent of the analyses after Trump’s victory. Democracy is dead in the USA, as is the case in most EU nations. If you vote for the Left or the Populist Right, the same […]
Economist Michael Hudson discusses the update of his book “Super Imperialism: The Economic Strategy of American Empire” and the financial motivations behind the US new cold war on China and Russia. Hudson has published a […]
With China’s increasing wealth, Western investors want some of the action. One of those investors is a bullish gentleman called George Soros. However, the Chinese are acutely aware that with Western investment comes inequality. So […]
As a way of continuing David Graeber’s challenging of society’s myths after his death, his widow Nika Dubrovsky has established both the “Museum of Care“, which curates David’s works, and debates his thought and those […]
A failed economy is one that cannot expand, usually as a result of becoming burdened by rising rentier overhead in the form of land rent, natural-resource rent and monopoly rent as the financial sector replaces […]
China is one big disappointment for predatory neo-liberals like George Soros Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of […]
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