Michael Hudson

Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Killing the Host, The Bubble and Beyond, Super Imperialism: The Origin and Fundamentals of U.S. World Dominance and many others.

How Bronze Age Rulers Simply Canceled Debts

Clean Slate proclamations were part of the community’s self-preservation.

By Michael Hudson Adapted from …and Forgive Them Their Debts: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year. Islet. November 15, 2018. There has been an explosion of discussion about whether to […]

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Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class

The One Percent have found a pressing need for the services of mainstream economists

By Michael Hudson To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how […]

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How Finance Behaves like a Parasite Toward the Economy

Economist Michael Hudson explains financial parasitism

By Michael Hudson Eric Draitser: Today I have the privilege of introducing Michael Hudson to the program. Doctor Hudson is the author of the new book Killing the Host: How Financial Parasites and Debt Bondage Destroy […]

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