Tag Archives: China

21st of October 2024 I am so happy to have been asked to contribute to this round table in honour of David. We were close friends for over fifty years. All who knew him well could sense the extraordinary unity between his life and work. His life bore testimony to his ideals. There were no obvious tensions, loose pieces. I want to capture something of what we got from him because his thinking remains an indispensable fount of wisdom in an increasingly deranged world. Let me start...

Watch the interview here

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 24th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton; our videographer, Paul Graham; Continue Reading The post China: Local Flowers Bloom first appeared on Michael Hudson.

Europe’s foreign policy has been hacked and captured by US Neocon interests. That capture poses a dire threat to both European democracy and global security. The threat to global security is because Europe is now captive in the US Neocon war on China and Russia. The threat to democracy comes from European voters gradually intuiting […]

Below are three brilliant articles and one interview that help understand geopolitics at the beginning of 2024. In my view, they should be read by anyone interested in the geopolitical situation & should be required reading for students of international relations and international political economy: US Foreign Policy is a Scam Built on Corruption, Jeffrey […]

[unable to retrieve full-text content]  GLENN DIESEN: Welcome to today’s program. My name is Glenn Diesen. I’m a professor at the University of Southeastern Norway. With me is my colleague Alexander Mercouris from the very informative and popular Duran. The guest today is none other than the excellent Michael Hudson, a very renowned economist. He’s written brilliant books, which Continue Reading The post Understanding America’s Post-Industrial Economy first...

The collective volume THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES has been translated Chinese and published in China. The book was edited by Stavros Mavroudeas and includes contributions of several Greek Marxist political economists. It was originally written in English and published by Routledge. The Chinese edition was translated in the NorthWest University (in X’ian) and published by China Economics Publishers. Several presentations of the book in Chinese...

[unable to retrieve full-text content]A series of lectures will be coming out of my relationship with Hong Kong’s Global University of Sustainability. These have been tiered to a Chinese audience, revealing another layer to my work. Thanks for all your support via Patreon.      Image by Владимир Харитонов from Pixabay The post Eleven Objectives of Neoliberalism first...

[unable to retrieve full-text content]Discussion by Michael Hudson with Kin Chi Lau, Global University, Hong Kong, June 5, 2023 There’s a big dam on the Dnieper River that supplies all of the water to Crimea and they blow it up. Thousands of homes have been flooded. Naturally, the Ukrainians said the Russians did it. The reason that Crimea was Continue Reading The post Yellen’s Daydream first appeared on Michael Hudson.

Inflation is coming down, as the last BLS report shows. I'm not going to get into that into this (very short) post. The disinflation has taken place while the official unemployment remains very low. However, we all know that unemployment measures very poorly the situation in the labor market. My alternative measure, which I make students calculate in macro classes, is what would be the unemployment rate be if the participation rate, which has been declining since the early 2000s (when China...