Michael Hudson | The Vocabulary of Economic Deception | Dec. 12, 2018

Source: GunsandButter.org, Michael-Hudson.com

We discuss Michael Hudson's book, J is for Junk Economics: A Guide to Reality in an Age of Deception, with an emphasis on the degradation of economic vocabulary that hides the real state of the economy; language affects peoples' perception of reality; history of economic thought no longer taught; classical political economy focused on society's unearned income or rent; the rentier landlord financial class; fictitious capital; the real reforms of the progressive era; classical political economists expected capitalism to evolve into socialism; classical economic concepts of value, price and rent;

productive versus extractive economic sectors; public financing of infrastructure a windfall for the private sector; effects of the tax deductibility of interest; monetary policy and the Federal Reserve; economics is political - politics has always been about who is going to get what; National Income Accounting; fiscal policy and Modern Monetary Theory; the three stages of debt leveraging.
-GunsandButter.org

A former Wall Street analyst, government adviser, and fierce critic of neoliberal economic order, Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Professor of Economics at Peking University in China. He gives speeches, lectures and presentations all over the world for diverse academic, economic and political audiences. He is the author of many books on the global economy, with a focus on financial history, debt, land tenure and related economic institutions from antiquity to the present.

news information
news information technology
news information bureau
news information security
news information systems
news information overload
news information sites
news information nigeria
news information websites
news information bureau nib
news and information
news about information technology
news and information websites
news and information bureau
news and information government of south sudan
news about information technology 2014
news and information in nigeria
news and information bureau website
news about information technology in the philippines
news anchor information
news information clearing house
news information.com
news information cambodia
news channel information
news corp information
news corporation information
news cues information scent and cognitive heuristics
news corp information statement
news contact information
news corporation information statement
news information difference
news and information definition
guyana news information discussion forum
alternative news information distribution system
news and information department of nld
world news daily information clearing house
federal information & news dispatch inc
federal information & news dispatch
world news daily information
guyana news and information discussion
news information & entertainment for middletown and
news events information acquisition and serial correlation
news and information exception appropriation
news and information exception
financial news information extraction
patent information news epo
walta information news ethiopia
today's news information or entertainment
employment news information
information ethiopian news and views
news & information for hamilton and butler county ohio
news for information technology
news false information
news for information security
news for information systems
news flood information
news for information
news information on facebook
news & information government of south sudan
news information graphics
news group information
news global information network
news and information gathering
news and information gathering griffith
news and information goss
news analysis the information-gathering paradox
abc news global information network
guyana news information
news helicopter information
news health information technology
prega news information hindi
news information in hindi
register-pajaronian news information happenings
usatoday.com - news & information homepage.url
news in health information management
brookings register news information happenings brookings
news information in cambodia
news information in nigeria
news information in the world
news in information technology
news in information technology 2014
news in information security
news in information systems
news international information
news in information technology 2015
news reporter job information
news anchor job information
pig news and information journal
biocontrol news and information journal
postharvest news and information journal
biocontrol news and information journal abbreviation
juba news information
news information khmer
prega news kit information
data information news knowledge and intelligence
khmer news information center
newspaper information in kannada
klm news information
express news contact information karachi
kedarnath news information
kiran news information
kannada news information
newsletter information
good news information letter
fox news low information voters
latest news library information science
current news library information science
fox news low information
latest news information technology
latest news information security
information lanka news
latest news information technology field
news information management
news media information
cbc news information morning
cbc news information morning fredericton
cbc news information morning halifax
cbc news information morning saint john
latest news information management
cbc news information morning cape breton
us news information management rankings
us news information management
information nigeria news
information news ng
odd news information nigeria
metro news information nigeria
latest news information nigeria
news and information notre dame
cbc news nb information morning
news information on colon cancer
news information.org
news on information technology
news on information security
news of information technology in india
news on information security breaches
news on information systems
news on information nigeria
news paper information
news paper information in hindi
newspaper information in wikipedia
news paper information technology
newspaper information in hindi language
information about newspaper in english
news presenters information
news and information providers in malaysia
royal news information pakistan
information newsroom
news reporter information
news related information technology
news reader information
news round information
news regarding information technology
news reporter information career
cbs news information resources
news about information retrieval
us news ranking information systems
news information security breaches
news information society
news information sources
news server information
information news synonym
news site information architecture
us news information systems ranking
news information today
news information technology 2013
news information technology sector
news information technology security
news information technology industry
news information technology 2014
bbc news information technology
news update information technology
news and information ucf
news and information uw
information news in urdu
us news information technology ranking
us news information systems
uttarakhand news information
us news information security ranking
us news information science
news information wikipedia
news information world
news world information and communication order
news weather information
news website information architecture
informationweek news
orlando news information weather hurricane coverage
best news information websites
yahoo news information
zee news information
zambia news information services
information news 11
news 24 information
patent information news 2015
news about information technology 2012
patent information news 2014
patent information news 2013
patent information news 2012
patent information news 3 2013