Michael Hudson on the Ancient History of Debt Cancellation, Austerity in Europe & Rental Costs
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 cancellation through the ages. Furthermore we examine the related topic of austerity in Europe and also analyse why rental costs are sky rocketing in cities.
To read the full transcript of this video click here: Michael Hudson on the History of Debt Cancellation, Austerity in Europe and Rental Costs
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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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