Thinking about Debt with Michael Hudson Jesus, a non-believer in trickle-up economics, chases the money lenders out of the Temple in illustration on cover of “… and forgive them their debts” by Michael Hudson. (Image credit: michaelhudson.com) Almost all of the new money the American economy has produced in four decades has gone to the wealthiest people. We’ve been living with this trickle-up economics ever since Ronald Regan introduced the phrase “trickle down” in his 1980 presidential campaign. Long... Read more