Michael Hudson on Finance Capitalism’s Self-Destructive Nature
Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems
Read more...Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems
Read more...A wide-ranging and free-wheeling discussion of money, oligarchy, trade, China, the future of the dollar….with an eye to MMT.
Read more...Reflections on Bastille Day 2022: Last Saturday, Sri Lankans stormed their presidential palace, causing President Gotabaya Rajapaksa to flee to the Maldives.
Read more...Stagnating real wages may have contributed to the slowdown of US productivity.
Read more...Financial crises hurt the middle class, reducing their support for the status quo in favor of insurgent, aka populist, candidates.
Read more...From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK’s richest PM
Read more...Johnson’s political project was to destroy what trust was left in UK politics. And he’s succeeded
Read more...Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
Read more...Who’d have thunk it? Income support, such as welfare, reduces crime.
Read more...Severe racial differences in initial conditions after Emancipation have contributed greatly to today’s stalled progress in closing the racial wealth gap.
Read more...Betty-Jo, who was my deceased mother’s best aide, has been run over by our predatory, for-profit medical system. Please help!
Read more...Economist Michael Hudson explains the inflation crisis and warns a “long depression” is coming, due to the new cold war on Russia and China.
Read more...A well regarded paper by Fed researchers challenges conventional views on the relationship between inflation and employment
Read more...How companies are adding to inflationary pressures by increasing prices when not warranted by costs.
Read more...On the burgeoning homeless problem in Portland, and the city’s well-meaning but insufficient measures.
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