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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.

— Michael Hudson

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More quotes by Michael Hudson

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

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.

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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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.