Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, and Distinguished Research Professor of Economics at the University of Missouri, Kansas City. ISLET engages in research regarding domestic and international finance, national income and balance-sheet accounting with regard to real estate, and the economic history of the ancient Near East. Michael acts as an economic advisor to governments worldwide including Iceland, Latvia and China on finance and tax law.
Michael's is an insightful analyst and pungent speaker on issues across the macroeconomy. Modern society is the victims of parasitic finance and the extraction of rents rather than the rewarding of productive investment. Michael's forthcoming book (publication in January 2015) will demonstrate the capture of monetary policy by the financial sector. Prof. Hudson's cover story in May 2006 Harper's (The New Road to Serfdom: An Illustrated Guide to the Coming Real Estate Collapse) was an early and prescient view of the bursting of the real estate bubble and its consequences.
His analysis of international finance and economics does not ignore the political power being exercised. An example is his view on the road being taken by the Ukraine in extricating itself from Russia and coming under the sway of the EU [See video below]. His view gives pause to simplistic thinking, and predicts consequence for the Ukraine that are imminently predictable, if not widely accepted.
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