Michael Hudson: The New Junk Economics: From Democracy to Neoliberal Oligarchy (must-listen)

with Michael Hudson
Featured Writer
Dandelion Salad
February 11, 2010

Bonnie Faulkner
Guns and Butter
February 10, 2010

“The New Junk Economics:  From Democracy to Neoliberal Oligarchy” with financial economist and historian, Dr. Michael Hudson.  We discuss the Federal Reserve; money as debt; Fed Chairman Ben Bernanke’s misconception of the causes of the great depression of the 1930’s; classical political economy versus anti-classical, so-called “neoclassical”, economics; the labor theory of value; the dollar carry trade; government deficit spending; Greece.

Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. He can be reached via his website, mh@michael-hudson.com.


Michael Hudson: Obama’s Republican Class War Presidency (must-listen)


Money as Debt 2 – Promises Unleashed (full video)

Money As Debt (video) + “In Debt We Have Trusted,” For over 300 years By Jim Kirwan

The Ascent of Money (2008) (must-see)

Modern Money Mechanics Federal Reserve

13 thoughts on “Michael Hudson: The New Junk Economics: From Democracy to Neoliberal Oligarchy (must-listen)

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