Guns and Butter

Guns and Butter – January 25, 2012

“The New Junk Economics” with Michael Hudson. (One from the archives of 2010.) We discuss the Federal Reserve; money as debt; Fed Chairman Ben Bernanke’s misconception of the causes of the great depression of the 1930’s; classical political economy versus anti-classical, so-called “neoclassical”, economics; the labor theory of value; the dollar carry trade; government deficit spending; Greece.

Attention: • Volunteer to answer phones for KPFA's Year End Fund Drive Dec. 6th - Dec 16th, 6:30 am to 7 pm on weekdays, and 7 am to 5 pm on weekends      • Benefit for KPFA Craneway Crafts Fair Dec 17th & 18th      

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