Michael Hudson: Taxes Were Shifted Off the Rich and Onto Homeowners (Part 3)

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with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
November 21, 2016

TheRealNews on Nov 21, 2016

Economist Michael Hudson, author of J is For Junk Economics, explains how the rising prices of homes came at a great cost to the middle and working classes.

Transcript

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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 Economics at the University of Missouri, Kansas City and author of Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others.  He can be reached via his website, mh@michael-hudson.com.

from the archives:

Michael Hudson: Donald Trump Wants to Make the 1% Even Richer (Part 2)

Michael Hudson: The Orwellian Turn in Contemporary Economics (Part 1)

Abby Martin: Capitalism Cannot Be Reformed–Seize All the Banks–Dismantle the Empire!

Chris Hedges: A Tax System Rigged for the Rich + America’s Biggest Tax Dodgers are Clinton’s Biggest Donors

Wealth Belongs To All Of Us – Not Just To The Rich by Dariel Garner

The Insider’s Economic Dictionary – Part A by Michael Hudson