Higher Taxes on Top Incomes Produces Higher Productivity

May 7th, 2011
in Announcements, Op Ed

Hudson by Michael Hudson, Visiting Distinguished Research Professor, University of Missouri Kansas City.  He writes at Michael Hudson.com and New Economic Perspectives.

Editor's note:  Prof. Hudson, in an interview on the Real News Network, discusses how the classical economists of the late 18th and 19th centuries, upon whose theories the great advances in prosperity occurred up to the years immediately following World War II, have had their fundamental teachings totally misrepresented in the recent decades.  Hudson suggests that the current economic crisis is the outcome of these changes and misrepresentations. 

Follow up:


Related Articles

Needed:  Free Markets and Higher Taxes  by David Stockman

The Lost Science of Classical Political Economy  by Michael Hudson

The Deficit Commission and America’s Neo-feudal Economy  by Michael Hudson (at Credit Writedowns)

Inequality, Leverage and Crisis  by Michael Kumhof and Romain Ranciere




Devil's Bargain by William H. Gross

This is Not a Credit Crisis  by Dirk J. Bezemer

The New Feudalism  by Derryl Hermanutz

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