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— Michael Hudson"The ideological foundation of today's business schools is that economic control should be shifted out of government hands into those of financial managers - that is, Wall Street."
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The arts are a green industry with a very high rate of return. This is not money thrown away by any stretch of the imagination. This is money that creates jobs. This is money that brings life, financial life, to communities.
— Robert Schenkkan
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The problem is indeed that one party's debt finds its counterpart in some other party's savings. Not paying debts therefore involves annulling some other party's financial claims on the debtor.
— Michael Hudson
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