The Unz Review • An Alternative Media Selection$
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The Worsening Debt Crisis: Who Got Us Into This Mess and What Are the Real Political Options?
An Interview with Economist Michael Hudson
and • September 8, 2008
• 6,500 Words • 2 Comments • Reply
Michael Hudson is a former Wall Street economist specializing in the balance of payments and real estate at the Chase Manhattan Bank (now JP Morgan Chase & Co.), Arthur Anderson, and later at the Hudson Institute (no relation). In 1990 he helped established the world’s first sovereign debt fund for Scudder Stevens & Clark. Dr.... Read More
How the Chicago Boys Wrecked the Economy
An Interview with Michael Hudson How the Chicago Boys Wrecked the Economy
and • August 29, 2008
• 3,600 Words • Leave a Comment
Michael Hudson is a former Wall Street economist specializing in the balance of payments and real estate at the Chase Manhattan Bank (now JP Morgan Chase & Co.), Arthur Anderson, and later at the Hudson Institute (no relation). In 1990 he helped established the world’s first sovereign debt fund for Scudder Stevens & Clark. Dr.... Read More
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Getting to the Heart of America's Economic Crisis
An Interview with Michael Hudson
and • July 1, 2008
• 5,600 Words • 2 Comments • Reply
MIKE WHITNEY: Before John Kennedy took office, anyone making an income of over $200,000 was taxed at a rate of 93 per cent. Corporations also paid a much higher percentage of the total tax burden than they do today. The higher tax rates on the wealthy never hurt Gross Domestic Product (GDP) which was consistently... Read More
The Game Is Over. There Won't be a Rebound
An Interview with Michael Hudson on the Economy
and • June 21, 2008
• 3,000 Words • Leave a Comment
MIKE WHITNEY: Fed chairman Bernanke has been on a spree lately, delivering three speeches in the last two weeks. Every chance he gets, he talks tough about the strong dollar and "holding the line" against inflation. Treasury Secretary Henry Paulson even said that "intervention" in the currency markets was still an option. Is all of... Read More
Want to Save the Economy?
Spread the Wealth and Give Workers a Raise Want to Save the Economy?
• April 12, 2008
• 2,400 Words • Leave a Comment
  Insolvency's dark shadow hangs over Wall Street. One major player, Bear Stearns, has already gone under, and from the looks of it, another investment giant may be on the way down. It's getting ugly out there. The so-called TED spread*, which measures the reluctance of banks to lend to each other, has begun to... Read More
"Michael Hudson" Items Across Entire Archive