Professor Michael Hudson discusses the ACLU's new report on the rise of modern-day debtors' prisons in America comparing it with the role of debt in antiquity.
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The Hudson Report is a Left Out weekly series with legendary economist Michael Hudson. Each week, we'll discuss an economic issue that is being ignored—or hotly debated—in the press that week. 

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THE HUDSON REPORT: Modern-day debtors' prisons and debt in antiquity

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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.

Our full episode with Raul and Tousif about the coalition effort to bring a public bank to NYC will air on Friday, March 29.

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

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

Check back soon for our full episode with Raúl Carrillo of New Economy Project and Tousif Ahsan of NYPIRG about the coalition effort to bring a public bank to NYC.

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

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. 

Pavlina Tcherneva is a leading American economist and Modern Monetary Theory (MMT) scholar. She’s currently the Director of the Economics Program at Bard College and a Research Scholar at the Levy Economics Institute. Follow her on Twitter: @ptcherneva

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

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.

Our full episode with Pavlina Tcherneva on Keynes, Minsky, a federal job guarantee and much more, will release this week.

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

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.

In this teaser, Pavlina Tcherneva explains the importance of Minsky's incorporation of post-Keynesian theory with an “institutionalist” recognition for the different kinds of past, current, and future economic institutions.

Our full episode with Pavlina Tcherneva will release this we

THE HUDSON REPORT: Modern-day debtors' prisons and debt in antiquity

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