From Naked Capitalism: Wall Street’s War Against the Cities: Why Bondholders Can’t – and Shouldn’t – be Paid By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, a research associate at the Levy Economics Institute of Bard College, and author of “The Bubble and Beyond,” which is available on Amazon. […]

Ken Houghton I’ve been trying not to talk in these terms, but I’m sick, and Walter Jon links to an article in the Chronicle of Higher Education that puts it out in the open, so let us compare: The problems had emerged around 1870, starting in Europe. In the Austro-Hungarian Empire, formed in 1867, in […]