Stories by 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 Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971). subscribe to Michael Hudson's feed

Posted on: Feb 24, 2014, Source: CounterPunch

Sochi showed how Russia can transform its economy through infrastructure investment.

Posted on: Dec 2, 2013, Source: The Center for Public Integrity

Offshore havens are under attack again, but the tricky part is getting past toothless pronouncements.

Posted on: Jul 7, 2013, Source: AlterNet

A post-bubble environment of debt-strapped austerity is empowering the financial sector to become an oligarchy much like landlords in the 19th century.

Posted on: May 2, 2013, Source: ICIJ

U.S. and UK financial firms are pretending they haven't been deeply involved in the dark side of banking.

Posted on: Mar 14, 2013, Source: New Economic Perspectives

We should focus on how paying off private debt is eating into personal incomes.

Posted on: Jan 9, 2013, Source: Michael Hudson's blog

There is an alternative to austerity and debt peonage.

Posted on: Dec 31, 2012, Source: Naked Capitalism

Finance has moved to capture the economy at large, industry and mining, public infrastructure, and now even the educational system.

Posted on: Nov 12, 2012, Source: Michael Hudson's blog

If Elizabeth Warren doesn't make it onto the Senate Banking Committee, that's a pretty clear sign.

Posted on: Sep 27, 2012, Source: Michael Hudson's blog

Across America, schools, roads, and water systems are for sale to the highest Wall Street bidder.

Posted on: Apr 22, 2012, Source: Michael Hudson's blog

When debt become rampant, somebody loses - either the 1% or the 99%.

Posted on: Feb 1, 2012, Source: Michael Hudson's blog

Banks weren't meant to be in control of our economy and our governments. How did it get like this and how can we restore sanity to our banking system?

Posted on: Dec 6, 2011, Source: Michael Hudson's blog

Recent debt protests from Iceland to Greece and Spain suggest that creditors are shifting their support away from democracies and crushing national self-determination.

Posted on: Nov 15, 2010, Source: CounterPunch

The wealthy now see victory within reach, through regressive taxation and the slashing of public spending on anything except more bailouts for the financial oligarchy.