Professor Jeffrey Miron and Professor Michael Hudson discuss the merits and shortcomings of capitalism. 

Jeffrey Miron is a Senior Lecturer and Director of Undergraduate Studies in the Department of Economics at Harvard University, as well as a senior fellow at the Cato Institute. His field of expertise is the economics of libertarianism; he has advocated for many libertarian policies, including legalizing all drugs and allowing failing banks to go bankrupt. He has written four books including "Drug War Crimes: The Consequences of Prohibition" and "Libertarianism, from A to Z."

Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a scholar at the Levy Institute, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and professor at the School of Marxist Studies, Peking University, in China. He is also the author of J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others.