Michael Hudson: Why are Stock Markets so Volatile?

Capitalism Kills

Image by Dandelion Salad via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
October 17, 2014

TheRealNews on Oct 17, 2014

Real serious depression pending as a result of austerity says Professor Michael Hudson, author of The Bubble and Beyond and Finance Capitalism and its Discontents.

Transcript


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. His book summarizing his economic theories, The Bubble and Beyond, is now available. His latest book is Finance Capitalism and Its Discontents. He can be reached via his website, mh@michael-hudson.com.

from the archives:

The Coming Revolution: Evolutionary Leap or Descent Into Chaos and Violence? by David DeGraw Part 3

Conditioned Consciousness: How The .01% Gets Away With Trillions by David DeGraw + The Economics of Revolution Part 2

Peak Inequality: The .01% And The Impoverishment Of Society by David DeGraw + The Economics of Revolution Part 1

Inequality and the Inevitable Collapse: The Common Sense Solution–Sharing by Graham Peebles

October is a volatile month by Michael Roberts