Archive for euthanasia of the rentier

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«Keynes would have hated the excessive ‘financialization’ of today»

Lord Skidelsky, Keynes’s biographer, presenting his new book about The Master. A short interview.

A solução é a eutanásia da economia fictícia

O historiador económico Michael Hudson foi a Keynes repescar a ideia de que a solução é ir à raiz dos problemas, a economia de rendas, algo que o grande economista julgava transitório mas que se transformou num sistema que vive de uma pirâmide artificial que vale hoje 8 vezes a economia real mundial

The medicine suggested by Keynes: Euthanasia of the ‘rentier’ system

An interview with Michael Hudson about the financial and economic crisis: «Bankruptcy seems to be the indicated way to wipe it out. Governments are postponing this resolution by bailing out creditors – not debtors.»