Tuesday , November 5 2024
Home / Tag Archives: monopoly rent

Tag Archives: monopoly rent

Putting an End to the Rent Economy — Vlado Plaga interviews Michael Hudson

Interview with Vlado Plaga in the German magazine FAIRCONOMY, September 2017.VP: You are advocating a revival of classical economics. What did the classical economists understand by a free economy? MH: They all defined a free economy as one that is free from land rent, free from unearned income. Many also said that a free economy had to be free from private banking. They advocated full taxation of economic rent. Today’s idea of free market economics is the diametric opposite. In an...

Read More »