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Michael Hudson Quotes: In order to be an economist these days, you have to participate in this fairytale that somehow we can recover and still make the banks rich. And it is a fairytale.
         

In order to be an economist these days, you have to participate in this fairytale that somehow we can recover and still make the banks rich. And it is a fairytale.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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He’s drowning, suffocating under the weight of my darkness and there’s nothing I can do to stop it.

He’s drowning, suffocating under the weight of my darkness and there’s nothing I can do to stop it.



A visit to the family farm in spring means witnessing growth and challenge and beauty and stillness all rolled into one.

A visit to the family farm in spring means witnessing growth and challenge and beauty and stillness all rolled into one.



What does reason demand of a man? A very easy thing-to live in accord with his own nature.

What does reason demand of a man? A very easy thing-to live in accord with his own nature.



Laws to suppress tend to strengthen what they would prohibit. This is the fine point on which all legal professions of history have based their job security.

Laws to suppress tend to strengthen what they would prohibit. This is the fine point on which all legal professions of history have based their job security.



call out if you need a hand. if she looks like she's going to have you, i'll sneak up behind her and whach her on the head with a stiff rabbit

call out if you need a hand. if she looks like she's going to have you, i'll sneak up behind her and whach her on the head with a stiff rabbit



Man is to be found in reason, God in the passions.

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I don't know how tall I am or how much I weigh. Because I don't want anybody to know my identity. I'm like a superhero. Call me Basketball Man.

I don't know how tall I am or how much I weigh. Because I don't want anybody to know my identity. I'm like a superhero. Call me Basketball Man.



An injury may prove a blessing.

An injury may prove a blessing.



Could your medicine be a cell, not a pill? Could your medicine be an organ that's created outside the body? Could your medicine be an environment?

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Quote Description


This page presents the quote "In order to be an economist these days, you have to participate in this fairytale that somehow we can recover and still make the banks rich. And it is a fairytale.". Author of this quote is Michael Hudson. This quote is about these days, economist, rich, order, fairytale,.