Ann Pettifor: Debtonation

Economist and author Ann Pettifor in this clip discusses constraints on money creation and explains John Maynard Keynes' bancor idea and how that relates to the international economy. Also check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT http://www.facebook.com/harrison.writedowns http://www.facebook.com/erinade2020 Follow us @ http://twitter.com/ErinAde http://twitter.com/edwardnh

Our lead story: We've decided to take a closer look at the bonkers American tax code. In 2013, the US had the highest nominal corporate tax rate among all OECD countries. However, thanks to a the slew of industry specific deductions, credits, and mind numbing rules, many companies pay far less than that 35% tax rate. And countries like Ireland aren't helping the problem. Erin takes a look. Lorcan Roche Kelly joins us from the west of Ireland today to talk about Europe and the Eurozone. He...

Our lead story: On Wednesday the U-S Supreme Court struck down caps on political contributions that had previously been ruled constitutional by the Supreme Court in 1976, thus allowing donors to give money to as many political candidates, parties, and committees as they wish. What are the consequences? Erin takes a look. The British are coming!...to Boom Bust that is. World renowned economist Ann Pettifor about a range of issues, focusing on endogenous money and fiat currency. Check out...

Ann Pettifor is a world renowned economist whose book "The Coming First World Debt Crisis" was published in 2006, just one year before we had the worst financial crisis in three quarters of a century. She is one of the few economists who can claim to have genuinely predicted the crisis. She now has a new book out, called "Just Money: How Society Can Break the Despotic Power of Finance". In it, Dr. Pettifor describes how the legitimacy of monetary systems originates in the social contracts...

We speak to Ann Pettifor about the Jubilee 2000 debt campaign, the sovereign debt crisis, and how to get out of it. Ann argues that in addition to bankruptcies and debt write downs, we need labor intensive investment in infrastructure to grow the economy and protect the environment. But how do we fund this? Ann calls to a return to ethics in finance. Help us caption & translate this video! http://amara.org/v/B7G2/

Ann (@AnnPettifor) is a Director of Policy Research in Macroeconomics (PRIME) Group, an economic think-tank that promotes understanding of the nature of credit, and its role in determining macroeconomic outcomes. Find out more about PRIME: http://www.primeeconomics.org Subscribe to the channel: http://www.youtube.com/subscription_center?add_user=UCLGlobalHealth Like our page on Facebook: http://www.facebook.com/UCL.IGH Follow us on Twitter: http://twitter.com/#!/UCLGlobalHealth Find out...

Ann (@AnnPettifor) is the Executive Director of Advocacy International, which undertakes research and advises governments and organizations on matters relating to international finance and sustainable development. Find out more about Advocacy International: http://advocacyinternational.co.uk Subscribe to the channel: http://www.youtube.com/subscription_center?add_user=UCLGlobalHealth Like our page on Facebook: http://www.facebook.com/UCL.IGH Follow us on Twitter:...