The Progressive Commentary Hour 12.24.24

Dr. Michael Hudson is one of our nation’s finest and most important economists and Wall Street financial analysts. Dr. Paul Craig Roberts has called Michael “the world’s best economist.” He is the President of The Institution for the Study of Long-Term Economic Trends, and a distinguished research professor of economics at the University of Missouri. He was the Chief Economic Policy Advisor for the Rep. Dennis Kucinich’s 2008 presidential campaign and has served as an adviser to the White House, State and Defense departments and served as an economic advisor to other governments including Iceland, Latvia and China. He is currently advising Jill Stein's campaign on economic policy. Michael has written many books and important papers and articles. His most recent must-read book is "The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism" which explains the reasons for financial crises in the US and other Western nations due to a drainage of income, indebtedness and a collapse of industrialization. His website is Michael-Hudson.com