Economic theory has been hijacked. It's been taken into the hands of a few, where it's encrypted, manipulated and fed to us in a distorted and deceiving way.
Marxist economist Lucia Huber explains why.Read more
[email protected]'s Paul Sliker and Dante Dallavalle talk with Michael Hudson, one of the world’s six economists who accurately predicted the 2007-2008 financial crisis. His new book, J is for Junk Economics, reveals how the mainstream economic vocabulary has been turned around in an Orwellian way to mean just the opposite of what words used to mean. Michael explains how the media and academia use well-crafted euphemisms to conceal how the economy really works, the economy under Obama vs. Trump, and what might be coming next.Read more