This paper 'How economic theory came to ignore the role of debt’, by Michael Hudson and the subsequent discussion provide fascinating
insights into contestations of ideas with profound implications for how we
govern what humans do.
Tellingly Hudson notes that: ‘Increasingly, the discussion
of finance and debt has been limited to monetarists with an anti-government ax
to grind and vested interests to defend and indeed, promote with regard to financial
deregulation.’
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