Michael Hudson on the History of Debt Cancellation, Austerity in Europe & Rental Costs

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In this exclusive interview with author, economist and anthropologist Professor Michael Hudson, we talk about his latest book “...and forgive them their debts.” which chronicles finance and debt cancelation through the ages. Furthermore we examine the related topic of austerity in Europe and also analyse why rental costs are sky rocketing in cities.

Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others. ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East. Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.

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CITATION OF YOUTUBE THUMBNAIL:
Note: This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
Description English: MHudson
Date: 2016
Source: From сopyright holder through OTRS.
Author: Ian Buswell/copyright holder: Megan Ashcroft (Renegade Inc.)