Staff / TruthdigApr 25, 2016
In mid-April, economist Michael Hudson told The Real News Network that global oil and mining industries and the U.S. State Department created Panama and Liberia for the express purpose of tax evasion. Dig deeper ( 10 Min. Read )
Emma Niles / TruthdigApr 2, 2016
In the second part of an interview from teleSUR’s “Days of Revolt,” Truthdig contributor Chris Hedges continues his discussion of "junk economics" with professor Michael Hudson. Dig deeper ( 1 Min. Read )
Eric Ortiz / TruthdigMar 25, 2016
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. Dig deeper ( 1 Min. Read )
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By Ellen Brown / Web of DebtJan 18, 2016
In a landmark infrastructure bill passed in December, Congress finally tapped into the Federal Reserve for infrastructure funding. Some experts say legislators should go further and authorize funds to be issued directly. Dig deeper ( 6 Min. Read )
By Michael Hudson, CounterPunchSep 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 )
By Ellen Brown, Web of DebtJul 16, 2015
The crushing Greek debt could be canceled the way it was made—by sleight of hand. But saving the Greek people and their economy is evidently not in the game plan of the Eurocrats. Dig deeper ( 7 Min. Read )
Alexander Reed Kelly / TruthdigJul 1, 2015
The esteemed U.S. political economists say Western financial institutions are keen to bail out Greece because if they don’t, the country's existing creditors -- other Western financial institutions -- will fail to recover money they previously lent to Greece. Dig deeper ( 11 Min. Read )
Alexander Reed Kelly / TruthdigJun 13, 2015
A video roundtable hosted by Truthdig Assistant Editor Alexander Reed Kelly explains why the IMF, Europe and Western corporations don’t have the country’s best interests at heart. Dig deeper ( 10 Min. Read )
Alexander Reed Kelly / TruthdigFeb 25, 2015
“The finance ministers of Europe are not all in favor of balancing the budget if it has to be balanced by taxing the rich,” says economist Michael Hudson (not pictured) of the ongoing confrontation over the Greek debt crisis. Dig deeper ( 7 Min. Read )
By Michael HudsonFeb 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 )
Alexander Reed Kelly / TruthdigFeb 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 )
Alexander Reed Kelly / TruthdigJan 26, 2015
Oxfam reports that just 80 people possess the same quantity of wealth as 3.5 billion others. On RT's Crosstalk, economist Michael Hudson discusses how this happened with Oxfam official Max Lawson and Richard Wellings at London's Institute for Economic Affairs. Dig deeper ( 2 Min. Read )
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