J IS FOR JUNK ECONOMICS A GUIDE TO REALITY IN AN AGE OF DECEPTION

Download J Is For Junk Economics A Guide To Reality In An Age Of Deception ebook PDF or Read Online books in PDF, EPUB, and Mobi Format. Click Download or Read Online button to J IS FOR JUNK ECONOMICS A GUIDE TO REALITY IN AN AGE OF DECEPTION book pdf for free now.

J Is For Junk Economics

Author : Michael Hudson
ISBN : 3981484258
Genre :
File Size : 20.4 MB
Format : PDF, Mobi
Download : 783
Read : 1198

A companion and follow-up to KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT DESTROY THE GLOBAL ECONOMY. J IS FOR JUNK ECONOMICS pulls back the curtain on the vocabulary and terms of today's tunnel-visioned, overly-mathematized economic lexicon.
Category:

Killing The Host

Author : Michael Hudson
ISBN : 1568587376
Genre : Business & Economics
File Size : 78.25 MB
Format : PDF, Kindle
Download : 888
Read : 273

Hudson chronicles how the financial sector has become a parasite that has taken over the brain of the US economy.
Category: Business & Economics

The Bubble And Beyond

Author : Michael Hudson
ISBN : 398148424X
Genre :
File Size : 47.82 MB
Format : PDF, ePub
Download : 611
Read : 775

PROFESSOR MICHAEL HUDSON is one of the foremost critics of contemporary finance capitalism and the worldwide power "the 1%" weilds because of government tax breaks and other favorable legislation. In THE BUBBLE AND BEYOND, he illuminates how the expansive and successful forces of 19th and 20th century industrial capitalism have been subverted by today's predatory finance capitalism, putting the entire world in a financial mess - and what can be done about it. A confusing labyrinth of geo-political issues impacts economic health and growth, and few are studied in the classroom or given space in the press. There is a way out of the labyrinth, however, as Professor Hudson demonstrates across 20 readable topics. PROFESSOR HUDSON'S most controversial claim is that "Debts that can't be paid, won't be," leaving in question whether or not debt non-payment will lead to worldwide foreclosures - including sell-offs of public domain assets by debt-strapped local and national governments. This is already happening locally and globally - exactly what some of the 1% would like - creating a newly-poor feudalistic society with the 1% collecting all the usage "fees." Alternatively, he suggests that the debts be written down in line with the ability to pay, as has been done by corporations via Chapter 11 bankruptcies and reorganizations throughout a more enlightened modern economic history as well as biblical record. In Professor Hudson's bold view, debt write-downs versus privatization and sell-offs of public domain assets are the economic issues that will dominate politics over the next generation. THE BUBBLE AND BEYOND is a compendium and brief history of economic thought and why it matters not only to Americans, but to people all over the world. You will find that you refer to it again and again as a fount of information, much of which has been out of favor for decades and/or suppressed by the financial interests. Professor Hudson provides chapter and verse, names names, and explains the mistakes and outright fraud that have often been committed in the name of political ideology - by both the right and the left. You will encounter all of the heroes and miscreants of economics, industry, and politics from the Bible and Babylon to present day banksters, misguided Fed policy-makers, and captains of the finance/insurance/real estate (FIRE) sector and the military-industrial complex. In one chapter after another, Professor Hudson tells who did what to whom - as well as who wins and who loses. This updated edition makes it plain where money goes versus where it might go - and ought to go. UPDATED EDITION with a NEW INDEX, LIST OF 47 EXHIBITS (illustrations, charts, graphs and models), a BONUS CHAPTER and BONUS SUMMARY, contemporary quotes, and author pull-out quotes.
Category:

Can We Avoid Another Financial Crisis

Author : Steve Keen
ISBN : 9781509513765
Genre : Political Science
File Size : 55.58 MB
Format : PDF, Docs
Download : 792
Read : 825

The Great Financial Crash had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted. In this explosive book, Steve Keen, one of the very few economists who anticipated the crash, shows why the self-declared experts were wrong and how ever–rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become 'The Walking Dead of Debt', and those that are next in line – including Australia, Belgium, China, Canada and South Korea. A major intervention by a fearlessly iconoclastic figure, this book is essential reading for anyone who wants to understand the true nature of the global economic system.
Category: Political Science

Finance As Warfare

Author : Michael Hudson
ISBN : 1848901852
Genre : Business & Economics
File Size : 33.7 MB
Format : PDF, Docs
Download : 402
Read : 279

Michael Hudson is one the world's foremost critics of contemporary financial capitalism. He is also one of a tiny handful of eminent economists who is leading us to look at old questions in startling new ways. Professor Hudson is the author numerous books on international finance and economic history, and a frequent contributor to leading newspapers and public affairs sites. "There are few people alive who have taught me more than Michael Hudson. The incisive and brilliant essays in this book should really be assigned to every first-year student of economics. The fact they never will be is the ultimate testimony to the fact economics has betrayed its own most noble tradition - and Hudson here so magnificently embodies - to become a sheer instrument of power." David Graeber, author of Debt: the First 5,000 Years and co-organizer of Occupy Wall Street "Michael Hudson... I consider to be the best economist in the West." The Saker "Economist's theoretical edifice does not explain economic reality. Economists need to begin anew. Michael Hudson shows them the way." Paul Craig Roberts, Institute for Political Economy
Category: Business & Economics

The Monster

Author : Michael W. Hudson
ISBN : 1429940042
Genre : Business & Economics
File Size : 26.76 MB
Format : PDF
Download : 544
Read : 212

Who killed the economy? A page-turning, true-crime exposé of the subprime salesmen and Wall Street alchemists who produced the biggest financial scandal in American history "It's hard to have a guilty conscience if you don't have a conscience. Anything that benefited production - that benefited me and benefited my wallet - I'd do it." The sales force at Ameriquest Mortgage took this philosophy to heart. They watched the Hollywood white-collar-crime flick "Boiler Room" as a training tape, studying how to pitch overpriced deals to unsuspecting home owners. They learned how to forge signatures on mortgage paperwork and create fake documents in "cut-and-paste" operations they dubbed "The Lab" or "The Art Department." In this stunning narrative, award-winning reporter Michael W. Hudson reveals the story of the rise and fall of the subprime mortgage business by chronicling the rise and fall of two corporate empires: Ameriquest and Lehman Brothers. As the biggest subprime lender and Wall Street's biggest patron of subprime, Ameriquest and Lehman did more than any other institutions to create the feeding frenzy that emboldened mortgage pros to flood the nation with high-risk, high-profit home loans. It's a tale populated by a remarkable cast of the characters: a shadowy billionaire who created the subprime industry out of the ashes of the 1980s S&L scandal; Wall Street executives with an insatiable desire for product; struggling home owners ensnared in the most ingenious of traps; lawyers and investigators who tried to expose the fraud; politicians and bureaucrats who turned a blind eye; and, most of all, the drug-snorting, high-living salesmen who tell all about the money they made, the lies they told, the deals they closed. Provocative and gripping, The Monster is a searing exposé of the bottom-feeding fraud and top-down greed that fueled the financial collapse.
Category: Business & Economics

Global Fracture

Author : Michael Hudson
ISBN : 0745323944
Genre : Business & Economics
File Size : 72.36 MB
Format : PDF, Docs
Download : 549
Read : 267

Critique of US economic hegemony by leading US economist.
Category: Business & Economics

Failed

Author : Mark Weisbrot
ISBN : 9780190234515
Genre : Political Science
File Size : 33.8 MB
Format : PDF, ePub, Mobi
Download : 994
Read : 1112

Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the 20th century? What was the role of the International Monetary Fund in these economic failures? Why was Latin America able to achieve substantial poverty reduction in the 21st century after more than two decades without any progress? Failed analyzes these questions, explaining why these important economic developments of recent years have been widely misunderstood and in some cases almost completely ignored. First, in the Eurozone, Mark Weisbrot argues that the European authorities' political agenda, which included shrinking the welfare state, reducing health care, pension, and other social spending, and reducing the bargaining power of labor played a very important role in prolonging the Eurozone's financial crisis and pushing it into years of recession and mass unemployment. This conclusion is based not only on public statements of European officials, but also on thousands of pages of documentation from consultations between the IMF and European governments after 2008. The second central theme of Failed is that there are always practical alternatives to prolonged economic failure. Drawing on the history of other financial crises, recessions, and recoveries, Weisbrot argues that regardless of initial conditions, there have been and remain economically feasible choices for governments of the Eurozone to greatly reduce unemployment-including the hardest hit, crisis-ridden country of Greece. The long-term economic failure of developing countries, its social consequences, as well as the subsequent recovery in the first decade of the 21st century, constitute the third part of the book's narrative, one that has previously gotten too little attention. We see why the International Monetary Fund has lost influence in middle income countries. Failed also examines the economic causes and consequences of Latin America's "second independence" and rebound in the twenty-first century, as well as the challenges that lie ahead.
Category: Political Science

Planet Ponzi

Author : Mitch Feierstein
ISBN : 9780985036904
Genre : Debts, Public
File Size : 56.22 MB
Format : PDF, Mobi
Download : 462
Read : 622

"As the global economy struggles to avoid meltdown, so the greatest Ponzi scheme in history approaches its final death rattle. Politicians have stood by and watched the financial industry create a massive overhang of debt, a mountain of low quality assets - and ultimately, an economic disaster which has dwarfed all others. The Eurozone crisis and the LIBOR manipulation scandal are just two symptoms of a much broader problem: one of vastly excessive debt, regulatory failure, a culture of deceit on Wall Street and the City of London, and governments that have promised their citizens far more than they can deliver"--Publisher.
Category: Debts, Public