“…if you increase living standards you make labor more productive. This is why Asia today is becoming more productive than the United States.”

—  Michael Hudson (economist)

" "Higher Taxes on Top 1% Equals Higher Productivity http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=6000", Video Interview (13:28), The Real News Network (TRNN) (January 1, 2011)

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Michael Hudson (economist)13
American economist 1939

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