with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
March 5, 2017
TheRealNews on Feb 26, 2017
Michael Hudson, author of the newly released J is for Junk Economics, says the media and academia use well-crafted euphemisms to conceal how the economy really works.
Part 2
TheRealNews on Feb 28, 2017
Trump’s infrastructure plan will privatize all the benefits for the financiers and make sure that the population at large gets zero benefit from it while paying the costs, says economist Michael Hudson.
Part 3
TheRealNews on Mar 2, 2017
Trump is planning to turn the U.S. economy into a Russian-style kleptocracy, says economist Michael Hudson.
Part 4
TheRealNews on Mar 2, 2017
Economist Michael Hudson takes on the mythology surrounding government budgets and explains how the term ‘stability’ has been used as a cover for financial fraud.
Part 5
TheRealNews on Mar 4, 2017
Economist Michael Hudson explains why social security does not need to be ‘pre-funded’ by its beneficiaries
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 J is for Junk Economics (2017), 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:
Corporate Plunder–The Bait and Switch of Public-Private Partnerships by Pete Dolack
Michael Hudson: Finance Really is a Mode of Warfare
Michael Hudson: Trump’s Infrastructure Plan, and The Idea of Proximity to Russia is All Fake
Michael Hudson: The Orwellian Turn in Contemporary Economics (Part 1)
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This is very good. Thanks for posting it.
Glad you liked it, bacopa. Prof Hudson is one of my favorite writers and economists.
Commendable stuff. This current state of affairs is indeed an alphabet soup of dismal error and abject negligence. We may as well all move to Easter Island and just stare at eternity in disbelief.
Greed is not good, nor is it intelligent; it may be devious and clever but it is not enlightened ~ because there can never be enough to satiate the compulsive desire for more. That is not about wholesome appetite, but obsessive and depraved addiction.
More and more means less and less overall, because it wastes resources, debases ethics and impoverishes everything. It results in less wealth, less honor, less dignity, and less respect.
How could anyone truly sane, respect such a socially engineered apotheosis of pecunious avarice? It makes a complete mockery of life. It extols the vices of the criminal psychopath, and renders authentic value meaningless.
Very well stated, David.
I don’t know anyone truly sane. Sure they act ok, but deep down they feel real powerless. All the bullshit about how their voice matters, just increases the insanity. That little voice telling me this is going to get ugly and there is really very little I can do to protect those I love.
He is wrong on the government printing it’s own money before Clinton. The private central bank (called the federal reserve bank, to give an implication that it’s a government institution) has been the sole printer of money in the u.s. since 1913. It prints for free then charges the government interest on it, a can’t lose venture. Kennedy tried to print some money outside the private bank system. Probably why he was killed.
Thanks, Steve.
I’m positive that Prof. Hudson is fully knowledgeable of how the Federal Reserve works. Do you remember which video he talked about this?
BINGO!
Like I asked Steve in which he didn’t reply, Do you remember which video he talked about this?
Dr. Hudson is always very enlightening.
I so agree, Guadamour.