Radical Imagination: Imagining How the World of Finance Really Works
Michael Hudson rings the changes on some of his favorite themes: the logic of ancient debt jubilees. and the role of finance in contemporary rent extraction.
Read more...Category Archives: Income disparity
Tax Justice and Modern Monetary Theory – A Guide
Does Modern Monetary Theory take tax justice for granted?
Read more...The CARES Act: Stimulus and Unemployment Checks
Who gets a check? How much will the check be? How long will the check take to arrive? When will the checks stop?
Read more...The Coronavirus Stimulus Bill Is a $2 Trillion Slush Fund for Washington Cronies
Why you should hate the coronavirus “stimulus” bill.
Read more...Covid-19 Hits the Dual Economy: Incomes Destroyed at the Bottom, Profits Supported at the Top
Why preserving (big) corporate profits will not bail out the economy.
Read more...Can the Intra-Party Rift Be Healed, At Least For Now? Or Must the Fight Be Fought in 2020?
Is the Democratic Party redeemable?
Read more...COVID-19 and Class in the United States
Globalization , globalizers, and COVID-19.
Read more...Debt and Power: An Interview With Michael Hudson
Micheal Hudson explains how the ancient approach to managing debt is far superior to ours.
Read more...Sanders Calls for ‘Unprecedented Legislative Response’ to Coronavirus Crisis—Not Corporate Bailouts
Republicans have tabled a corporate bailout plan to calm markets. Can Bernie Sanders and others redirect the stimulus to reflate the economy?
Read more...A Modest Proposal: Make Sure the Public Knows, in Real Time, When Congresscritters are Dumping Shares
The COVID-19 specter led Congresscritters to coo reassurance, and dump shares. A modest proposal: require immediate disclosure of trades.
Read more...IMF Refuses Aid to Venezuela in the Midst of the Coronavirus Crisis
The IMF dons its enforcement brass knuckles.
Read more...Why Sending $1,000 Checks to Everyone Won’t Solve the Coronavirus Crisis (Updated)
Why the Republicans’ planned coronavirus bazooka isn’t big enough.
Read more...Triggering a Global Financial Crisis: Covid-19 as the Last Straw
An ambitious deleveraging plan as a Covid-19 response.
Read more...Closing Polling Places Is the 21st Century’s Version of a Poll Tax
Voter disenfranchisement via shuttering polling sites.
Read more...Social Insurance in a Time of Pandemic: A Proposal for the Government to Act as Buyer of Last Resort
It’s not hard operationally for the government to counter economic fallout from the pandemic. The hard part is ideological baggage.
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