Michael delves into the history of debt and its role in our ever-changing economic structure. He references classical economists like Smith, Mills, Ricardo, and Marx, with their concept of economic rent as unearned income. They […]
The U.S. is Saving the Financial Sector, not the Economy Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard […]
“The Federal Reserve helicopter only flies over Wall Street. It doesn’t fly over the economy” Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the […]
Moderate Rebels Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large […]
An interesting look at the current state of Modern Monetary Theory. Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of […]
During quarantine, what better to do than check in with two of America’s great economists? We wanted to know where next for capitalist America as this deadly virus grips an already frail economy. Has the […]
Again, outside of our remit, but we thought after all the rubbish Europeans are being fed by corporate media concerning the US elections, we would provide a different perspective. Michael Hudson is an American economist, […]
Its Michael Hudson with a fascinating, but long, take on the US intervention in the Middle East. Michael Hudson is the author of Killing the Host (published in e-format by CounterPunch Books and in print by Islet). His […]
An excellent article which will cause panic among German savers. It is worth reading our current article by Michael Roberts, “US Profits Revision” in conjunction with this. Michael Hudson is the author of Killing the Host (published in […]
The One Percent have found a pressing need for the services of mainstream economists Read here
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