December 7, 1952 |
Teaneck, New Jersey, USA
University of Virginia
Doug Henwood (born December 7, 1952) is an American journalist who writes frequently about economic affairs. He publishes a newsletter, Left Business Observer, that analyzes economics and politics from a left-wing perspective, co-owner and co-editor, along with Phillipa Dunne, of The Liscio Report, an independent newsletter focusing on macroeconomic issues, and is a contributing editor at The Nation.
Henwood was born in Teaneck, New Jersey, and grew up in Westwood, New Jersey. He received a B.A. in English from Yale University in 1975. Late in high school and while at Yale, Henwood identified as a conservative, briefly joining the Party of the Right:
From 1976-9, Henwood did graduate work in English at the University of Virginia, concentrating on British and American poetry and critical theory but left before obtaining his doctorate. He then worked for two years as a copywriter and assistant to a medical publisher in New York.
In September 1986, Henwood launched Left Business Observer (ISSN 1042-0134). Topics to which he has devoted coverage include:
- Income distribution and poverty in the U.S. and elsewhere in the First World
- the globalization of finance and production
- the worldwide attack on pensions
- Third World debt and development
- the International Monetary Fund and World Bank
- the media business
- the influence of foundations on politics and culture
- what it means to be a leftist in a world that seems to have forgotten what that means
In 1992, Henwood worked with John Liscio on The Liscio Report, a financial advisory agency that publishes proprietary research. The newsletter is widely followed in the investment community. In 2000, after Liscio's death, Henwood and Phillipa Dunne, a business partner, inherited The Liscio Report and have continued to publish the newsletter using the research techniques pioneered by their mentor, John Liscio.
Henwood has written three books. His first, The State of the USA Atlas (1994), is a social atlas of the U.S. in the Pluto atlas series. This was followed in 1997 by Wall Street (Verso Books), in which Henwood described the workings of high finance. His most recent work is After the New Economy (New Press, 2003), an analysis of the 1990s boom and bust.
Henwood began hosting Behind the News in 1996, a weekly radio show and podcast produced at KPFA and, formerly, WBAI. The show features interviews with activists, intellectuals and academics, preceded by a summary of recent economic headlines. Notable former guests include Noam Chomsky, James K. Galbraith, Christopher Hitchens, Lewis Lapham, George McGovern, Joseph Stiglitz, Gore Vidal, and Slavoj Žižek.
On November 11, 2010, Henwood announced that he would be retiring Behind the News in its current form, instead broadcasting from another venue as well as on his website. This change arose from an interim producer's decision to reschedule Henwood's show to Saturdays and reduce its airtime to twice a month despite Henwood's having raised substantial funds during the network's previous fund drive, conditions that the host found unacceptable.
- State of the U.S.A. Atlas (1994), ISBN 978-0-671-79696-9
- Wall Street (1997), ISBN 0-86091-670-7
- After the New Economy (2003), ISBN 1-56584-770-9
- Left Business Observer with brief bio
- LBO News ("blog")
- Free downloadable version of Wall Street
- "Unconventional Wisdom: An Interview with Doug Henwood" by Bhaskar Sunkara (The Activist, 21 February 2010)
- "Ka-Pow! Bang! Crash! Down Goes Another Bubble!: Doug Henwood in Conversation with Christian Parenti", The Brooklyn Rail, (July-August 2009)
- "Economic Unorthodoxy: An Interview with Doug Henwood" (24 April 2004)
- "The 'New Economy' and the Speculative Bubble: An Interview with Doug Henwood" (Monthly Review, April 2001)
- "The Marxist Wall Street Couldn't Ignore", by Annalee Newitz, Salon.com, December 1998
- "The Liscio Report on the Economy" by Doug Henwood and Phillipa Dunne