Friday, November 4, 2011

Hudson on Greece—Black on banksters

Michael Hudson: There is nothing democratic about sending Greece into a decade of depression.

Here Bill Black explains how they threw over 1000 elite banksters in jail in the aftermath of the Savings and Loan scandal for crimes 1/70th the size of 2008.  In an interesting line at the end where he identifies where he teaches, Black makes the claim that University of Missouri, Kansas City has one of only four heterodox economics departments left in USA.  I am delighted there are four—there have been times in the last 35 years when I would have guessed ZERO.

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