Watch this masterful animation to an excellent speech by social theorist David Harvey: Continue on by reading two pieces in the world leading Financial Times newspaper. One by Michael Hudson on Latvia's Third Option: As Europe’s banking crisis deepens, Greece’s and...
BLOG: Michael Hudson
The Counter-Enlightenment
Michael Hudson The Counter-Enlightenment, its Economic Program – and the Classical Alternative Based on a talk given to Prosper Australia on Friday October 16th, 2009. First published in Progress Magazine - Autumn 2010. Download Progress #1096 here. The last few years...
Australia’s Needless Foreign Borrowing
photo credit: Adam_T4 Michael Hudson and Shann Turnbull* Confronted by the global financial crisis that is burying foreign economies deeper in debt deflation each month, Australia needs to protect itself – indeed, to liberate itself from as many costs and...
Hudson: Wall St Moves in for the Kill
photo credit: elodole MICHAEL HUDSON Former Treasury Secretary Hank Paulson wrote an op-ed in The New York Times yesterday, February 16 outlining how to put the U.S. economy on rations. Not in those words, of course. Just the opposite: If the government hadn’t bailed...
The New Junk Economics: Hudson
It's hard to keep up with Professor Hudson's rapid fire work rate. Wash the dishes to these 2 key interviews. Guns and Butter - Obama's Republican Class War Presidency - February 3, 2010 at 1:00pmClick to listen (or download) Guns and Butter - The New Junk Economics:...
Hudson – The Bernanke Reappointment: Be Afraid; Be Very Afraid
Michael Hudson If the economy deteriorates in the L-shaped “hockey-stick” rut that many economists forecast, what political price will President Obama and the Democrats pay for having returned the financial keys to the Bush Republican appointees who gave away the...
Income Tax and Hudson on Obama’s Economy
Read Hudson's latest interpretation of Obama's economic policies: At stake now is President Obama’s credibility as an agent for change. Voters see his main “change” thus far to have been favoritism to Wall Street. Jay Leno jokes that Obama has done the impossible:...
A Critique of Paul Samuelson
photo credit: kevindooley Michael Hudson Originally posted at Counter Punch Paul Samuelson, America’s best known economist, died on Sunday Dec 13th. He was awarded the Nobel prize for economics, (founded one year earlier by a Swedish bank in 1970 “in honor of Alfred...
Hudson Multimedia highlights
Following Prof Michael Hudson's recent tour, here are more multimedia highlights: Visual: Hudson on ABC International with Jim Middleton. Hudson on Switzer - Sky TV Business. Forever Blowing Bubbles - Sydney presentation. Hudson tour slideshow Audio: Philip Adams...
Professor Hudson: Housing supply down, profits up
Michael Hudson As published in the Business Age The 2nd most read article in the Age website on the day as per the graphic billing HIGHER land and house prices typically lead to an increased supply of housing. Yet at the peak of Australia's perennial housing...