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Tag: Classical Economics

‘Days of Revolt’: Chris Hedges, Michael Hudson Discuss How We Got to Junk Economics (Video)

The federal debt has exceeded $19 trillion. One reason for the record-high figure is a gigantic Ponzi scheme that defines the U.S. and global economies.

Posted on Mar 24, 2016 WATCH & LISTEN


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‘It Doesn’t Have to Be This Way’

“How do you expect this to play out over the next few years?” host Thom Hartmann asked economist Michael Hudson on “The Big Picture” this week. “That’s what everybody’s wondering,” Hudson replied. “The economy is going to shrink and shrink and shrink, and the question is whether people are going to go out in the streets ... or whether there’s going to be an actual response saying it doesn’t have to be this way.”

Posted on Jan 12, 2013 WATCH & LISTEN


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