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Veblen’s Institutionalist Elaboration of Rent Theory

Michael Hudson’s new book The Bubble and Beyond has just been released and can be purchased here. Speech given at the Veblen, Capitalism and Possibilities for a Rational Economic Order Conference,...

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Mrs. Thatcher’s Mean Legacy

The Queen Mother of Global Austerity and Financialization Michael Hudson and Jeffrey Sommers We typically honor the convention to refrain from speaking ill of the recently departed. But Margaret...

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“Let us glory in our inequality.”

Failed Privatizations – the Thatcher Legacy By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard...

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Trump Infrastructure Plan = Developer Welfare

SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. While protestors and police are clashing on the inaugural parade route in Washington, D.C., the newly...

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Alluring Infrastructure Income

‘J is for Junk Economics’: Michael Hudson on TRNN (2/5), February 28, 2017. Trump’s infrastructure plan will privatize all the benefits for the financiers and make sure that the population at large...

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Tollbooth Trump

The Real News Network, February 13, 2018. SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries coming to you from Baltimore. President Trump presented his infrastructure plan on Monday. The...

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High Cost Economy

Monopoly capitalism and models of resistance. This week, author Michael Hudson on Donald Trump’s fake economics. It’s all coming up on the Laura Flanders Show, the place where the people who say it...

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Simon Patten on Public Infrastructure and Economic Rent Capture

As published in American Journal of Economics and Sociology, Vol. 70, No. 4 (October, 2011). *The author acknowledges funding from Prosper Australia for this article. ABSTRACT. Reflecting the...

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