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

— Michael Hudson

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More quotes by Michael Hudson

If you look at the speeches he gave just before he left the Fed, it's pretty much “After me - the Deluge. I'm getting out while my reputation's intact”.

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

The only way left for U.S. diplomats to block European purchases is to goad Russia into a military response and then claim that avenging this response outweighs any purely national economic interest.

Rent is what John Stuart Mill said landlords make in their sleep. They make it without work. They do not play a productive role.

if you increase living standards you make labor more productive. This is why Asia today is becoming more productive than the United States.

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Men accept servility in order to acquire wealth; as if they could acquire anything of their own when they cannot even assert that they belong to themselves.

Étienne de La Boétie Discourse on Voluntary Servitude (1548)

Health is the greatest gift, contentment is the greatest wealth, a trusted friend is the best relative, Nibbana is the greatest bliss.

Gautama Buddha

Opulence is always the result of theft, if not committed by the actual possessor, then by his predecessor.

Jerome The Cry for Justice (1915)

Bourgeois society is ruled by equivalence. It makes the dissimilar comparable by reducing it to abstract quantities. To the Enlightenment, that which does not reduce to numbers, and ultimately to the one, becomes illusion.

Max Horkheimer Dialektik der Aufklärung [Dialectic of Enlightenment (1944)

Attribution

Quote text and notes from Wikiquote: Michael Hudson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.