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Feb 17 2024 Defusing the Derivatives Time Bomb
The “protected class” is granted “safe harbor” only because their bets are so risky that to let them fail could crash the economy. But why let them bet at all?
by Ellen Brown at the ScheerPost.
This is a sequel to a Jan. 15 article titled “Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?”,… Continue reading -
Feb 15 2024 Real-Life Economic Solutions
Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy.
Radhika Desai and Michael Hudson at The Geopolitical Economy Hour
Video:
Podcast:
Transcript:
RADHIKA DESAI: Hello, and welcome to the 22nd Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times.… Continue reading
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Feb 09 2024 eCONomics Part II: Solutions to the Western Train Wreck
For GlobalSouth.co by our Colin from New Zealand
Solutions Unearthed by a Tale of Two Economies
A SEQUEL TO PART 1 – ‘The Western Train Wreck’ – and an effort to promote a solution orientated discussion
It seems that what I regard as an extremely important book , Scott Andrew Smith’s, ‘A Tale Of Two Economies’ released in… Continue reading
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Jan 30 2024 eCONomics Part I: The Western Train Wreck
For GlobalSouth.co by our Col from New Zealand
Western eCONomists and the train wreck they cheerlead
If eCONomists took the time to read and understand the allegory within Baum’s book “The Wonderful Wizard of Oz”, then IMO they would learn more about fixing the broken Western financial system than from all of the current neo-classical textbook tripe… Continue reading
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Dec 28 2023 Simon Patten on Public Infrastructure and Economic Rent Capture
As published in American Journal of Economics and Sociology, Vol. 70, No. 4 (October, 2011).
*The author acknowledges funding from Prosper Australia for this article.ABSTRACT. Reflecting the Progressive Era’s reform agenda Simon Patten (1852–1922) argued that freeing markets from one source of economic rent (by taxing land rent) would merely leave the surplus to be taken… Continue reading
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Dec 18 2023 Is neoliberalism really dead? Or does it live on like a zombie?
Political economists Radhika Desai and Michael Hudson discuss neoliberalism, and the premature predictions about its demise.
RADHIKA DESAI: Hello and welcome to the 20th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai.
MICHAEL HUDSON: And I’m Michael Hudson.
RADHIKA DESAI: Well, it’s happening again. Reports of the… Continue reading
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Dec 14 2023 The Climate SCAM Revealed by COP28
Peter Koenig
For those who do not know by now, COP stands for Conference of the Parties; 28 means it is the 28th Conference of the Parties, referring to the United Nations Climate Change Conferences, held every year in the context of the United Nations Framework Convention on Climate Change (UNFCCC).
The present COP28 is hosted by… Continue reading
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Dec 11 2023 Resources for Understanding the Russian Economy
Analysis and preparation by Maxwell Scott
Introduction
An analysis of the Russian economy has to begin with the context of the present conflict in Ukraine and the impact of sanctions on Russia. It should be recalled that some sanctions from the days of the Soviet Union continued afterwards, most notably sanctions on technology considered to have military… Continue reading
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Dec 09 2023 Michael Hudson and Richard Wolff
How’s The Chinese Economy Doing?
Is China’s Economy Collapsing? Economic War | Michael Hudson & Richard D. Wolff
Michael Hudson & Richard D. Wolff with Nima Rostami Alkhorshid, December 6, 2023.
Dialogue works (Nima): What’s your opinion on the China’s economy right now? it getting better? It’s getting worse. Is it collapsing? Michael?
Michael Hudson: Well, what they say… Continue reading -
Dec 04 2023 NATO/West or Global Majority? Unipolar destruction or multipolar development? The world must choose
There is a new function in the description box called Transcript – the Transcript is now available directly from the Video page.
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Nov 27 2023 What Are The Saudis Really Preparing For?
By Tom Luongo via ZeroHedge
Call the roller of big cigars
and bid him whip in kitchen cups concupiscent curds…
… the only emperor is the emperor of ice cream
— Wallace Stevens
It was announced the other day that Saudi Arabia and China are opening a $7 billion local currency swap line.It prompted the highest-trafficked tweet of mine ever.
Mark Wauck… Continue reading
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Nov 25 2023 How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Demystifying Nov 13 2023 with Steve Keen
https://demystifysci.com/transcripts/2023/11/24/dspod-203
Dr. Michael Hudson is an American economist, Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College, former Wall Street analyst, political consultant, commentator and journalist. Dr. Steve Keen is an Australian economist and author. A post-Keynesian, he criticizes… Continue reading
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Nov 22 2023 Restructuring of the Global Economy – Michael Hudson, Alexander Mercouris & Glenn Diesen
https://www.youtube.com/watch?app=desktop&v=pQkwnczhObQ&t=5s
GLENN DIESEN: Welcome to today’s program. My name is Glenn Diesen. I’m a professor at the University of Southeastern Norway. With me is my colleague Alexander Mercouris from the very informative and popular Duran.
The guest today is none other than the excellent Michael Hudson, a very renowned economist. He’s written brilliant books, which I can’t… Continue reading
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Sep 26 2023 War of Economic Corridors: the India-Mideast-Europe ploy
The India-Middle East-Europe transportation corridor may be the talk of the town, but it will likely go the way of the last three Asia-to-Europe connectivity projects touted by the west – to the dustbin. Here’s why.
By Pepe Escobar and first posted at The Cradle
The India-Middle East-Europe Economic Corridor (IMEC) is a massive public diplomacy… Continue reading