Book Excerpt: Productivity, Compound Interest and Poverty by Michael Hudson

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.

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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)