Way We Were & What We’re Becoming - Michael Hudson, #167

With financial economist and historian, Dr. Michael Hudson. We begin with an analysis of the continuing bailout of insurance giant AIG and Monday's stock market selloff; price and debt deflation; the two sectors of the economy; two definitions of 'free markets'; the classical economists; revolution from the right and the former Soviet states; the threat of war; IMF/World Bank resurgence; the dollar versus the euro; analogies to Rome, neo-feudalism. Aired: March 4, 2009 Visit Guns and Butter at: http://www.gunsandbutter.org