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Tag: Public Debt

The Problem With How Governments Pay for Wars (Video)

Economist Richard Wolff explains how corporate banks and politicians exploit the system of money printing to gain political capital or warrant military efforts.

Posted on Apr 14, 2017 WATCH & LISTEN


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Forget Clinton’s and Trump’s Plans for the Economy: It’s Time to Erase Debt and Create Jobs

More than 100 years ago, Congress surrendered the power to create money to private banks. If we take it back, we can extinguish debt, rebuild public infrastructure and propel the economy forward like a rocket.

Posted on Aug 5, 2016 READ MORE



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Will the Harvard Austerity Error End Economic Sadomasochism?

“It seems unlikely,” anthropologist and author David Graeber writes. “After all, as I and many others have long argued, austerity was never really an economic policy: ultimately, it was always about morality.”

Posted on Apr 22, 2013 READ MORE


Massachusetts Economists Discredit Influential Austerity Study

Economists from the University of Massachusetts appear to have debunked a Harvard paper that right-wing politicians have used to push economic austerity policies. The challengers explain where the Harvard economists went wrong in an interview with The Real News Network.

Posted on Apr 19, 2013 WATCH & LISTEN



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Debt Is the Problem

It’s not the kind created by government spending on social programs, however, economist Michael Hudson says.

Posted on Mar 15, 2013 READ MORE



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Money for the People: Comedian Grillo’s Populist Plan for Italy

Default on the public debt, nationalization of the banks, and a citizen dividend could save the Italian economy.

Posted on Mar 7, 2013 READ MORE


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