News Summary

• Michael Hudson and Logo Daedalus discuss the integral role played by the Catholic Church in the development of international finance, as in war finance
• Hudson: Economics is sort of an outgrowth of literary satire, and the genre of the anatomy that people like Northrop Frye would describe
• The appeal to Marx and other political economists like Veblen was that they gave me the same satisfaction of reading a great novel, especially like a great satirical novel