Michael Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City and president of The Institute for the Study of Long-Term Economic Trends (ISLET). This is the first chapter of his book “Finance Capitalism and its Discontents,” published by ISLET in November 2012.truthdig
Book Excerpt: Productivity, Compound Interest and Poverty
Michael Hudson | Distinguished Research Professor of Economics at the University of Missouri, Kansas City and president of The Institute for the Study of Long-Term Economic Trends (ISLET)
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