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THE HUDSON REPORT: The "next" financial crisis and public banking as the response

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Release Date: 07/30/2018

LEFT OUT: Raúl Carrillo and Tousif Ahsan on creating a public bank in NYC show art LEFT OUT: Raúl Carrillo and Tousif Ahsan on creating a public bank in NYC

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On this episode, Left Out's Paul Sliker & Dante Dallavelle speak with Raúl Carrillo of New Economy Project and Tousif Ahsan of NYPIRG about the coalition effort to bring a public bank to NYC as part of a broader vision for economic and racial justice; commercial vs. public banking models; and how public money can work for the public good.

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[TEASER] Raúl Carrillo and Tousif Ahsan on divestment, investment, and the function of a public bank show art [TEASER] Raúl Carrillo and Tousif Ahsan on divestment, investment, and the function of a public bank

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In this Left Out teaser, Raúl Carrillo and Tousif Ahsan explain the roles of divestment, investment, and the function of a public bank.

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[TEASER] Raúl Carrillo on redlining & how banks [TEASER] Raúl Carrillo on redlining & how banks "lend" money

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In this teaser, Raúl Carrillo explains how commercial banks work and the issue of redlining.

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LEFT OUT: Erik Olin Wright on real utopias and anti-capitalist strategies show art LEFT OUT: Erik Olin Wright on real utopias and anti-capitalist strategies

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In this episode, we release an hour of unheard material from our conversation with Professor Erik Olin Wright, who sadly passed away this year on January 23rd, 2019.  Erik Olin Wright was a leading Marxian professor and public intellectual who taught at the University Wisconsin for over four decades.

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LEFT OUT: Maliha Safri on worker cooperatives and the solidarity economy show art LEFT OUT: Maliha Safri on worker cooperatives and the solidarity economy

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In this episode, Professor Maliha Safri of Drew University sits down to discuss her work centered on worker cooperatives and their relation to the larger solidarity economy. We talk about New York City's and Philadelphia's worker cooperative movements and how they differ from other waves of worker cooperative development in the past. We also talk about worker cooperative development initiatives that are taking place in NYC and how support from the municipal government can best be leveraged. To access some of Professor Safri's work visit http://drew.academia.edu/MalihaSafri  For her work...

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[BONUS] Michael Hudson: an autobiography  show art [BONUS] Michael Hudson: an autobiography

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In this bonus episode, listen to the fascinating story of renowned economist Michael Hudson — the professor featured on our weekly economic and financial news series — The Hudson Report.

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THE HUDSON REPORT: The THE HUDSON REPORT: The "next" financial crisis and public banking as the response

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In this episode of The Hudson Report, we speak with Michael Hudson about the implications of the flattening yield curve, the possibility of another global financial crisis, and public banking as an alternative to the current system.

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LEFT OUT: Pavlina Tcherneva on the macroeconomic effects of a job guarantee show art LEFT OUT: Pavlina Tcherneva on the macroeconomic effects of a job guarantee

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In this episode of Left Out, Paul Sliker speaks with Pavlina Tcherneva at the Levy Economics Institute about the macroeconomic effects of a federal job guarantee, the common criticisms around its design and implementation, and much more. 

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[TEASER] Pavlina Tcherneva on how a job guarantee pegs the dollar to labor show art [TEASER] Pavlina Tcherneva on how a job guarantee pegs the dollar to labor

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In this Left Out teaser, economist Pavlina Tcherneva explains how if the US Government were to initiate a federal job guarantee, it would be pegging the US Dollar to labor and creating a condition where human labor becomes the anchor for the currency.

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[TEASER] Pavlina Tcherneva on Hyman Minsky and Post-Keynesian Institutionalism show art [TEASER] Pavlina Tcherneva on Hyman Minsky and Post-Keynesian Institutionalism

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One of the main features of Minsky’s work is that he took an “institutionalist” approach and argued that abstract economic theory could not be applicable in all times and places but must be institution-specific.

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More Episodes

In this episode of The Hudson Report, we speak with Michael Hudson about the implications of the flattening yield curve, the possibility of another global financial crisis, and public banking as an alternative to the current system.

The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 
 
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