Political economists Radhika Desai and Michael Hudson discuss realistic alternatives to the neoliberal model of financialization, and tangible policies to build a productive, sustainable economy.
Thanks for this. But ....well, has Michael Hudson not become the total "Both Here and There" economist ?
Here: The problem is the central banking model of private debt-based money 'financializing everything' (DEBT SATURATION AND OVERHANG) and what we NEED is Treasury money issuance. See Kucinich HR 2990, 112th Congress)
"There", we need to F-in globalize the private IMF-BIS (central banking) model with an new currency?
So, basically a solution to GLOBALIZE central banking.
How about Central Bank Digital Currency - whatever TF that is (eye of the beholder).
This is another of Hudson's 'brilliant' attempts to force that square and vacuous MMT non-money model into the circle of the NEEDed public money solution.
Want something much better ?
Try the Raw Materials Economics (American Economic System) of the 20s and 30s, sometimes called PARITY ECONOMICS (as opposed to the Bankers' DISPARITY Economics.)
Thanks for this. But ....well, has Michael Hudson not become the total "Both Here and There" economist ?
Here: The problem is the central banking model of private debt-based money 'financializing everything' (DEBT SATURATION AND OVERHANG) and what we NEED is Treasury money issuance. See Kucinich HR 2990, 112th Congress)
https://www.congress.gov/bill/112th-congress/house-bill/2990/text
"There", we need to F-in globalize the private IMF-BIS (central banking) model with an new currency?
So, basically a solution to GLOBALIZE central banking.
How about Central Bank Digital Currency - whatever TF that is (eye of the beholder).
This is another of Hudson's 'brilliant' attempts to force that square and vacuous MMT non-money model into the circle of the NEEDed public money solution.
Want something much better ?
Try the Raw Materials Economics (American Economic System) of the 20s and 30s, sometimes called PARITY ECONOMICS (as opposed to the Bankers' DISPARITY Economics.)
http://normeconomics.org/prosperity_unlimited_1947w.pdf
The people want their money back.
And their prosperity.
Thanks.
The Money Appprentice