Michael Hudson (economist)

Michael Hudson ( born 1939 in Chicago, Illinois) is an American economist.

Life

He is Distinguished Research Professor of Economics at the University of Missouri- Kansas City, as well as a financial analyst and consultant on Wall Street as well as President of the Institute for Long-term Economic Development ( Institute for the Study of Long-Term Economic Trends, ISLET ). As a founding member of an international research group ( ISCANEE ) he conducted research on the origins of economic thought in the ancient Orient. His work in this area influenced David Graeber's book Debt: The First 5000 Years.

In a cover story for Harper 's Magazine he made in 2006 to the imminent bursting of the speculative bubble in the U.S. housing market and the resulting consequences for the economy as a whole attention - at a time when it was the subject of the rest of the media and the mainstream economics still ignored.

2007/ 08 he was chief economic advisor to Dennis Kucinich in his presidential bid.

Hudson is a member of the Latvian think tank Reform Task Force Latvia ( RTFL ) and criticized the conditions that currently (IMF ) will be made ​​to that country in the wake of the current global economic crisis of the European Union and the International Monetary Fund, as a discrimination in favor of Swedish and other foreign banks. With regard to the euro crisis, he argues for the banks to take a monopoly on the creation of credit.

Publications

  • A Payments - Flow Analysis of U.S. International Transactions: 1960-1968. In: The Bulletin. NYU Graduate School of Business Administration. Nos. 61-63. March 1970
  • With Denis Goulet: The Myth of Aid: The Hidden Agenda of the Development Reports. Orbis Books, 1971
  • Super Imperialism. The Economic Strategy of American Empire. Holt, Rinehart and Winston, New York 1972, ISBN 0-03-085996-4; revised edition: Pluto Press, London 2003, ISBN 0-7453-1989-0 (PDF, 1.53 MB) Interview of standard Shaefer, Counterpunch, April 23, 2003
  • Sebastian Dullien: Review (PDF) In: Intervention, Volume 1, 2004 Issue 1 ( expanded version of a review in Financial Times Germany, July 1, 2003)
  • International Trade. ISBN 0-7453-0484-2
  • International Finance. ISBN 0-7453-0577-6

Filmography

  • Når boblene brister, directed by Hans Peter Moland; Norway, USA, Greece 2012
  • Four Horsemen, directed by Ross Ashcroft, GB 2012
  • Terminus progress, Director: Mathieu Roy, Harold Crooks, Canada 2011
  • Plunder: The Crime of Our Time, directed by Danny Schechter, USA 2009
  • In Debt We Trust: America Before the Bubble Bursts, directed by Danny Schechter, USA 2006
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