Michael Hudson on economy
Michael Hudson38 quotes“I think the less fracking there is, the better it is for the economy and society.”
More from Michael Hudson
I don’t want to be able to see the audience
Bobby DarinBobby Darin You get a constituency; you make them believe your promises, and then you turn them over to your financial campaign backers. That’s what politics has become and that’s as much an art of deception as economics is.
Michael HudsonMichael Hudson One of the big problems in America’s economic polarization and shrinkage is that pensions can’t be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.
Michael HudsonMichael Hudson True mindfulness is the awareness that everything you encounter is a vigorous expression of the same living universe as you.
Brad WarnerBrad Warner I’ve forbidden my daughter to have grandchildren, I’m too young.
Bette MidlerBette Midler Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks.
Michael HudsonMichael Hudson Buddha might be the one thing that could settle Godzilla down. He might say, “Listen Godzilla, you don’t have to do all this. Just chill out a little bit and everything will be fine”.
Brad WarnerBrad Warner These $100 bills aren’t meant to circulate. They’re not to spend on goods and services. They’re a store of value. They’re a form of saving.
Michael HudsonMichael Hudson I don’t aim to offend.
Billy ConnollyBilly Connolly On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top of the pyramid.
Michael HudsonMichael Hudson Emotional stability and expression comes from women.
Bob HoskinsBob Hoskins If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
Michael HudsonMichael Hudson When people are running up more and more debt for housing, they call that “real wealth.” It exposes what’s wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific.
Michael HudsonMichael Hudson A science is not mere knowledge, it is knowledge which has undergone a process of intellectual digestion. It is the grasp of many things brought together in one, and hence is its power; for, properly speaking, it is Science that is power, not Knowledge.
John Henry NewmanJohn Henry Newman Russia was under the impression that the neoliberal advisors were going to make Russia as rich as the United States. What they really did was create a kleptocracy that was virtually tax-free.
Michael HudsonMichael Hudson When you say “paying the banks,” what they really mean is paying the bank bondholders. They are basically the One Percent.
Michael HudsonMichael Hudson
Original quotes
From our community writers
The more you suffer, the more you awaken.
Ayaka HaseAyaka Hase Keep your faith strong enough to believe that you can manifest and receive what you want.
Lisa RoseLisa Rose Home is where your soul belongs.
Ana SoulfulAna Soulful The right person will never get tired of you.
Sophie SmithSophie Smith You thought it wouldn’t live again. But it will live again.
Carisa DownsCarisa Downs The world is not allowed to make a meal of you, girl. It is there for your consuming.
Nikita GillNikita Gill We all carry the heaviest anchors without anyone having a clue about it.
Aaron BellAaron Bell And you have fast become my weakness, even as you remain my source of strength.
Alma-May NoaAlma-May Noa
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More on economy
I’m the prime minister who removed 400 checkpoints, barriers, road-blocks and so on to facilitate the growth of the Palestinian economy.
Benjamin NetanyahuBenjamin Netanyahu The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
Bill O'ReillyBill O'Reilly I’d throw dollars out of helicopters if I had to, to stimulate the economy.
Ben BernankeBen Bernanke I used practically all the money I had available.
Bernard EbbersBernard Ebbers I put those people in place. I trusted them. I had no idea they would do anything like this.
Bernard EbbersBernard Ebbers I know what I don’t know. To this day, I don’t know technology, and I don’t know finance or accounting.
Bernard EbbersBernard Ebbers Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
Bernard BaruchBernard Baruch Tanzania being among the highly indebted countries, I had to give sports the least prominence during my first term, while setting priorities in revitalising our economy.
Benjamin MkapaBenjamin Mkapa
