A few days ahead of Donald Trump, Elon Musk, and tech executives aligned with the Make America Great Again (MAGA) movement coming to power, Joe Biden delivered a forceful warning about the emergence of a new « tech industrial complex » threatening the US’s democratic ideal. For the outgoing president, the extreme concentration of wealth and power risked undermining « our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead. » Biden is not wrong. The...

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If you enjoyed this video, you might also like my most popular video, "Don't Study Economics, Study THIS Instead." https://www.youtube.com/watch?v=oO7iCv_NsPE -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is...

This week on Real-Time with Steve Keen & Friends, we talk all things Monetary Policy with special guest David Fields. What does the interest rate, interest on reserves, open market operations and inflation expectations mean to central banks around the world. Links: https://www.patreon.com/c/ProfSteveKeen/home https://www.patreon.com/c/relearningeconomics https://www.planksip.org/ https://businessfilmbooth.podia.com/studio-set-up https://medium.com/@monetarypolicyinstitute

[unable to retrieve full-text content]Prof Michael Hudson provides insight on the waning US power structure as short termism bites. He explains how Labor internationally has become even more right wing than the conservatives. Another fascinating discussion. The post US Economic Colonialism On Notice first appeared on Michael Hudson.

[unable to retrieve full-text content]  RADHIKA DESAI: Hello and welcome to the 36th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our world. I’m your host, Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host Ben Norton, Continue Reading The post The Secret of the Long March first appeared on Michael Hudson.

There’s been a recent fuss in various media arising from a tweet from economist Ben Golub regarding astonishment that economists haven’t “worked through” Smith and Marx. English professor Alex Moskowitz chimed in with a claim that economics can’t be a real discipline because economists don’t know the history of their own discipline. This claim is oversold as regards Smith. Every econ student gets the pin factory example of scale economies and the standard quote about the butcher,...

Free market fairy nowhere in sight??

[unable to retrieve full-text content]Trump has promoted a number of plans to make America strong – at other countries’ expense. Given his “we win; you lose” motto, some of his plans would produce the opposite effect of what he imagines. That would not be much of a change in U.S. policy. But I suggest that Hudson’s Law may be Continue Reading The post Weaponizing the US Dollar first appeared on Michael Hudson.

If you enjoyed this video, you might also like my most popular video, "Don't Study Economics, Study THIS Instead." https://www.youtube.com/watch?v=oO7iCv_NsPE -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is...