Audio and transcript.
Set Up To Fail
Renegade Economist's interview 05.09.2012
Interview with Professor Michael Hudson by Karl Fitzgerald
KF: We welcome to the show Professor Michael Hudson, Distinguished Research Professor at the University of Missouri-Kansas City, the leading Post-Keynesian university in America. It’s been fantastic to see, Michael, that the public profile of UMKC has really taken off with Randall Wray, yourself and Stephanie Kelton being quoted quite widely these days. Can you explain what Post-Keynesianism is?A bit out of paradigm in places, though
So if you don’t create money – if the central bank doesn’t monetize the government deficit by just printing money electronically and spending it into the economy....