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The “Ghost Budget”: How America pays for endless war

By Linda Bilmes, mronline Originally published in Just Security Jan. 3, 2024. Editor’s Note: This article is part of our Ending Perpetual War Symposium. The article derives from a chapter in [...]


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The Debt Explosion: How Neoliberalism Fuels Debt Crises

Political economists Radhika Desai and Michael Hudson discuss the massive explosion of debt in the US and around the world, and how neoliberal economics leads to large bubbles based on [...]


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De-dollarization is about more than currencies: As dollar system declines, what comes next?

In this episode of their program Geopolitical Economy Hour, Radhika Desai and Michael Hudson discuss de-dollarization, the global drive to drop the US dollar, and the transition away from [...]

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