A lecture for Kadir Has University, Department of Economics, Istanbul. Image by Lynn Greyling from Pixabay
The post Back from Post-Modernity: The Coming New Economic Order first appeared on Michael Hudson.Speeches
My Lords, I join other noble Lords in paying tribute to the remarkable maiden speech of the noble Baroness, Lady Moyo. It was very thoughtful and thought provoking, and I very much appreciated her reference to me—she will have a great future here. The Budget was crafted in the shadow of disruptive world events over … Continue reading Speech on the Spring Budget Statement 2023
House of Lords Speech: 10 October 2022 My Lords, the twin problems to which the mini-Budget was addressed were near-zero growth and a relentless rise in prices. I doubt whether it will do very much for the first—certainly not in time to offset the second. In the short run, what we face is not a … Continue reading Economy: The Growth Plan 2022
My Lords, it is very cold in this House; I wonder what has happened to the heating. It certainly has a chilling effect on debate. I am not a lawyer like the noble Lord, Lord Sandhurst, nor a policeman like the noble Lord, Lord Paddick. I am driven to take part in the debate because … Continue reading House of Lords Speech on the Public Order Bill
My Lords, the Chancellor’s Autumn Statement is designed to reassure the markets of the sustainability of the public finances. That is, the Chancellor accepts as binding the views of the City of London, whether they are right or wrong. It is what the markets think that matters, not how matters really are—a nice intrusion of … Continue reading Speech on the Autumn Statement 29 November 2022
My Lords, I am grateful, as we all are, to the noble and right reverend Lord, Lord Harries, for initiating this debate and for drawing attention to the real danger of nuclear escalation. I am in profound disagreement with the Government’s policy on Ukraine—I have said it before in this House and I shall say … Continue reading Speech on “Ukraine: Tactical Nuclear Weapons”
A presentation to the Building bridges around David Graeber’s legacy conference, Paris, Friday July 7, 2022 It may seem strange to invite an economist to give a keynote speech to a conference of the social sciences. Economists have been characterized as autistic and anti-social in the popular press for good reason. They are trained to Continue Reading
The post From Junk Economics to a False View of History: Where Western Civilization Took a Wrong Turn first appeared on Michael Hudson.Why it lacks resilience, and What will take its place Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability. THE COLLAPSE OF MODERN CIVILIZATION AND THE FUTURE OF HUMANITY. The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by Continue Reading
The post The End of Western Civilization first appeared on Michael Hudson.