Dave Strickler | Michael Hudson on the Capitalist Way Cheat, Lie & Steal @DaveStricklers | Uploaded April 2017 | Updated October 2024, 57 seconds ago.
Originally Published on Mar 28, 2017
We’re living in a time of economic babble, where politicians and economists throw out words like “reform,” “privatize,” and “austerity” to prop up corrupt capitalist opportunists. So says our guest this week, economist Michael Hudson, author of J is for Junk Economics.
For more on junk, strikes, and capitalism go to our website. We get our support from viewers like you! lauraflanders.com/donate
Plus, a report from Diverse Filmmaker’s Alliance on the Yemeni bodega workers who went on strike in New York to protest the Muslim Ban. And Laura’s F-Word on why Donald Trump’s new budget isn’t about cuts -- it’s about conversions. The budget wants to convert public dollars into private funding for military research and spending, for the only government apparatus that never gets audited.
Michael Hudson BIO: Hudson is one of very few economists (there were only 12 actually) - globally - who perfectly predicted the 2008 financial crisis. Hudson actually understand flows in the monetary system furthered early in his career by working on Wallstreet as a balance of payments analyst at Chase Manhattan bank.
He attended the University of Chicago's Laboratory School for high school and grade school. He was a Philology major with a minor in history at the University of Chicago, where he received his B.A. in 1959. Hudson received his M.A. also from New York University in 1963 in economics, with a thesis on the World Bank's philosophy of development, with special reference to lending policies in the agricultural sector. Hudson received his Ph.D. in economics from New York University in 1968. His dissertation was on American economic and technological thought in the nineteenth century.
Michael 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 (1992 & 2009) and of The Myth of Aid (1971), amongst many others.
ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East.
Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.
Michael is located on the internet at michael-hudson.com
Originally Published on Mar 28, 2017
We’re living in a time of economic babble, where politicians and economists throw out words like “reform,” “privatize,” and “austerity” to prop up corrupt capitalist opportunists. So says our guest this week, economist Michael Hudson, author of J is for Junk Economics.
For more on junk, strikes, and capitalism go to our website. We get our support from viewers like you! lauraflanders.com/donate
Plus, a report from Diverse Filmmaker’s Alliance on the Yemeni bodega workers who went on strike in New York to protest the Muslim Ban. And Laura’s F-Word on why Donald Trump’s new budget isn’t about cuts -- it’s about conversions. The budget wants to convert public dollars into private funding for military research and spending, for the only government apparatus that never gets audited.
Michael Hudson BIO: Hudson is one of very few economists (there were only 12 actually) - globally - who perfectly predicted the 2008 financial crisis. Hudson actually understand flows in the monetary system furthered early in his career by working on Wallstreet as a balance of payments analyst at Chase Manhattan bank.
He attended the University of Chicago's Laboratory School for high school and grade school. He was a Philology major with a minor in history at the University of Chicago, where he received his B.A. in 1959. Hudson received his M.A. also from New York University in 1963 in economics, with a thesis on the World Bank's philosophy of development, with special reference to lending policies in the agricultural sector. Hudson received his Ph.D. in economics from New York University in 1968. His dissertation was on American economic and technological thought in the nineteenth century.
Michael 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 (1992 & 2009) and of The Myth of Aid (1971), amongst many others.
ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East.
Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.
Michael is located on the internet at michael-hudson.com
