Tag Archives: Michael Hudson

Junk Economics

  Over the weekend, the US Senate passed the most drastic rewrite of America’s tax system since the Reagan administration, which is expected to mostly benefit the wealthiest Americans. This new tax cut legislation should provide further proof that the United … Continue reading

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Washington Generals (Part 2)

  How can the Democratic Party effectively oppose Trump and get back into power after they’ve lost over a thousand seats nation-wide since 2008? Oh, I know. Maybe former Vice-President Joe Biden, a Democrat, can show up at a swanky Deer … Continue reading

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N is for Neofeudalism

  Everything that was old is new again. Take feudalism, it’s making a comeback. The US economy is trending towards wage bondage and economic polarization, with an all-American debt peonage that I’ve come to call neofeudalism. Heterodox economist Michael Hudson explains how … Continue reading

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Evil Is Easy (Part 2)

  Wall Street, the too-big-to-fail-banks, and the financial industry control our lives for the worse. How did this come to pass? From the New Deal up until the 80’s finance was heavily regulated, staid, boring even. Finance was also a … Continue reading

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Abhorrent to the vested interests

  Economist, Michael Hudson, is an iconoclast who writes and speaks against neoliberal economic orthodoxy. His latest lecture connects early Christianity with economic history, and argues that the reason Jesus was crucified was because he advocated a jubilee, or debt forgiveness. … Continue reading

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Planned economy

  The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading

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FIRE Alarm

  We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main … Continue reading

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