Michael Hudson — The New Junk Economics: From Democracy to Neoliberal Oligarchy on Guns and Butter

Guns and Butter - The New Junk Economics: From Democracy to Neoliberal Oligarchy<br /> <br /> "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.<br /> <br /> <embed allowscriptaccess="never" bgcolor="#ffffff" flashvars="playerMode=embedded" height="27" quality="best" src="http://www.google.com/reader/ui/3247397568-audio-player.swf?audioUrl=http://aud1.kpfa.org/data/20100210-Wed1300.mp3" type="application/x-shockwave-flash" width="400" wmode="window"></embed><br /> <a href="http://aud1.kpfa.org/data/20100210-Wed1300.mp3">Download</a><br /> <br /> Michael Hudson's website is: <a href="http://www.michael-hudson.com/">http://www.michael-hudson.com</a><br /> <br /> Source: <a href="http://www.kpfa.org/archive/id/58530">KPFA Guns &amp; Butter</a><br /> Aired: 2/10/10 12:00 AM<div class="blogger-post-footer">This podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.</div>