The New Junk Economics: From Democracy to Neoliberal Oligarchy-G torrent

The New Junk Economics: From Democracy to Neoliberal Oligarchy-Guns and Butter-KPFA-February 10, 2010

The New Junk Economics: From Democracy to Neoliberal Oligarchy" with financial economist and historian, Dr. Michael Hudson. We discuss the Federal Reserve; money as debt; Fed Chairman Ben Bernanke's misconception of the causes of the great depression of the 1930's; classical political economy versus anti-classical, so-called "neoclassical", economics; the labor theory of value; the dollar carry trade; government deficit spending; Greece.