The New Junk Economics — Dr. Michael Hudson
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The New Junk Economics — Dr. Michael Hudson
Interview with economist Michael Hudson on the Federal Reserve; money as debt; Fed Chairman Ben Bernanke’s misconception of the causes of the great depression of the 1930’s; classical political economy versus anti-classical, so-called “neoclassical”, economics; the labor theory of value; the dollar carry trade; government deficit spending; Greece. See his website here. Recorded in 2008, but still highly relevant today.
