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The Weaponisation of Economic Theory

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by Michael Hudson Europe’s three needs: a debt write-down, a real central bank, and a more efficient tax system Brussels [...]

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Lessons from Manhattan

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photo credit: atomicshark “The devil is in the details.” German Proverb A fascinating paper on Manhattan real estate in the [...]

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Wall Street’s $13 Trillion Cover Story

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photo credit: M J M Michael Hudson Free money creation to bail out America’s elite financial speculators, but not for [...]

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Tinkering on the Edge

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photo credit: flatworldsedge Economic Answers Way off the Mark by Karl Williams Another neoclassical excuse-maker has just hit the airwaves, [...]

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We wont listen to our own experts, how about a foreign one?

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photo credit: Express Monorail Australians have a disturbing mind-set: we prefer foreign experts over our own.  People like Steve Keen [...]

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Did you remember to sell the house today?

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Prof. Ross Garnaut gave the Hamer Oration at Melbourne University on Thursday. He pointed out that Australia has not experienced [...]

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Great Depression heading our way – Mason Gaffney, Steve Keen

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Now you’ve seen Steve Keen deliver a damaging analysis on the 7.30 report, listen to Professor Mason Gaffney call a [...]

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Asset Bubbles always end in tears..

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photo credit: sekundo Throw out the theory! That’s what policy makers are doing world-wide. From neo-liberalism to neo-handouts, one must [...]

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Prime the Printing Press

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photo credit: PhotoGraham That is the call as the bankers bailout of US$700bn gets rejected by US Congress. Meanwhile the [...]

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Can the US Treasury learn from mistakes?

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photo credit: betta design The $840bn bailout of US banks provides the US Treasury with a unique opportunity. Will the [...]

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