Tag Archives: Michael Hudson
Thomas Frank on Thomas Piketty
I haven’t read Thomas Piketty’s best seller Capital in the Twenty-First Century yet but I found much to applaud in Thomas Frank’s review of it on Salon. It resonates what the best heterodox economists/economic historians like Steve Keen and Michael Hudson have been saying for years. The criticism goes to the heart of of the fallacy of neo-liberalism, […]
Debt Jubilee for New Zealand?
Earlier in the year I wrote a two part exposition of the old idea of a debt jubilee but with a new twist. The proposal by Australian economics professor Steve Keen neatly sidesteps the problem of moral hazard by giving everyone money, not just wiping the slate clean of the indebted. The way it would […]