finance capitalism

Michael Hudson Names the Pathogens in Our Economic Thinking

Alexander Reed Kelly / Truthdig Dec 14, 2016 In his new book, “J is for Junk Economics,” the renegade economist analyzes the language technocrats use to pass off our age’s prevailing economic theory as something other than a blueprint for state-sanctioned pillage. Dig deeper ( 12 Min. Read )

Bubbles Always Burst: The Education of an Economist

By Michael Hudson, CounterPunch Sep 30, 2015 To learn about the topics that interested me most as a young economist, I had to leave university and go to work for banks. Dig deeper ( 16 Min. Read )

Ukraine Denouement: The IMF’s One-Two Punch (Audio)

By Michael Hudson Feb 20, 2015 After a tenuous ceasefire was brokered in Minsk last week, the fate of Ukraine is now shifting from the military battlefield back to the arena that counts most: international finance. Dig deeper ( 10 Min. Read )

Has the IMF Annexed Ukraine?

Alexander Reed Kelly / Truthdig Feb 14, 2015 Michael Hudson, an economist at the University of Missouri-Kansas City, says the terms attached to the loans made by the IMF to Ukraine are likely to turn its people into penniless serfs of international banks. Dig deeper ( 3 Min. Read )

Truthdigger of the Week: Ellen Brown

BLANK Aug 25, 2013 Ellen Brown is a major public intellectual and a tireless promoter of a tried and tested solution that may represent Americans' best chance at taking their society back from predatory bankers. Dig deeper ( 7 Min. Read )

Minimum Wage Should Be More Than $20

Alexander Reed Kelly / Truthdig Feb 15, 2013 If the federal minimum wage had kept pace with changes in worker productivity, busboys and baristas would be making at least $21.72 an hour today, according to a study by the Center for Economic and Policy Research. Dig deeper ( 2 Min. Read )