Talk:Michael Hudson (economist)
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Copyright query
[edit]{{Cv-unsure|url=http://en.wikipedia.org/w/index.php?title=Michael_Hudson_%28economist%29&oldid=415477472|date=March 2011}} User:Srich32977
- No vio found – Isochrone (T) 21:34, 30 August 2023 (UTC)
Alternatives to the Chicago School theory
[edit]This article used to claim that Hudson taught at the New School, and then at the University of Missouri at Kansas City, which were supposedly something like "the main US alternative to the anti-government Chicago School." First, there's a difference between a school of economics, and a physical school or university. Schools of economics are named after schools, but there's no Kansas City School. Second, the mainstream alternative to Chicago School economics is the mainstream form of economics, the neoclassical synthesis. There are also still die-hard Keynesians, post-Keynesians, and a whole lot of theories on the right and among microeconomists. Third, calling the Chicago School anti-government is value-laden, and at least some of them would disagree. It's more accurate to say that Chicago School theory is more to the right of the economics that immediately preceded it, on the issue of government intervention.184.77.15.82 (talk) 13:23, 13 April 2010 (UTC)
There is indeed a Kansas City School. People like William K. Black, Warren Mosler, Marshall Auerback, Bill Mitchell, James Galbraith, etc. Vilhelmo (talk) 03:58, 17 January 2013 (UTC)
Trotsky's godson & Super Imperialism
[edit]Just as note of trivia, Dr. Hudson is indeed Trotsky's godson. His father, Carlos Hudson, was a leader in the American Trotskists movement and spent time in jail while fighting for the rights of the masses. Dr. Hudson name was originally "Huckleberry" but this was changed to Michael as "Huck Hudson" was deemed not to sound so much like an economist as a porn star. In his book Super Imperialism, Dr. Hudson was the first scholar to thoroughly analyze the consequences of the US closing the gold window in August of 71, thus resulting in the current US Treasury Bill Standard, in what Hermann Kahn called the greatest ripoff in world history. It allows the US to export paper and receive actual goods and services in return. As the US balance of payments deficit is almost entirely military, it forces other countries to pay for the privileged of being surrounded by US military bases, giving the US a free ride. He is also the leading scholar in Mesopatamian Economics, tracing the development of societies from their beginnings in the neolithic. WjtWeston (talk) 19:34, 2 April 2011 (UTC) 02:11, 2 January 2011 (UTC)
- I wondered when someone would bring his parentage and god-parentage up. It's really worth putting on the page but we need RS for it. Urpunkt☎ 07:29, 18 January 2011 (UTC)
I've heard him briefly discuss his upbringing in a few lectures. His father was Carlos Hudson, a leading American Trotskyist, who spent some time in jail as a political prisoner in the US. If I remember correctly I think he is in possession of Trotsky's papers. Someone needs to get him to before he passes on in order to make sure the treasure trove in his head is recorded and not lost forever. Vilhelmo (talk) 03:56, 17 January 2013 (UTC)
Dates
[edit]Did Mr. Hudson really receive a BA at 10 and a PhD at 19? Stifle (talk) 10:33, 3 February 2011 (UTC)
Copyright data on his books, which includes Library of Congress data, gives his birth as 1939. Will correct article & delete contradiction tag. --WjtWeston (talk) 19:32, 2 April 2011 (UTC)
His book say 1939 WjtWeston (talk) 19:32, 2 April 2011 (UTC)
There is an inconsistency in me. Hudsons year of birth. In the main article it is in 1949 but is in 1939 in the quete section you are directed to — Preceding unsigned comment added by Knutls (talk • contribs) 20:06, 21 February 2011 (UTC) -knutls
Huge COI and PROMO issues
[edit]This article contains an enormous amount of unsourced PROMO for a marginally notable econ professor. It was created by COI contributors, e.g. this early edit summary: "This is a new page authorized by Prof. Hudson. Photo and contact info to follow.)" Most of its sourcing is to primary sources. Little notability beyond NACADEMICS 5, a title of "distinguished professor." VERY strong praise from Max Blumenthal which should also be a red flag for fringe POV-pushing. It needs to be trimmed of its promo and POV-pushing right down to the very small amount of text that is sourced to RS. HouseOfChange (talk) 00:37, 9 April 2022 (UTC)
Done what I can to clean things up. Unsure about a lot of the stuff in the "works" section, though. VineFynn (talk) 09:17, 4 May 2022 (UTC)
Contributions section
[edit]Needs a great number of refs. 2603:7000:2101:AA00:71AC:6B10:B3DB:114B (talk) 03:11, 9 March 2023 (UTC)
Position on Karl Marx and Marxian economics
[edit]The description of Hudson's position on Marx and Marxian economics is garbled, self-contradictory, and somewhat unintelligible to a non-economist, that is, to readers who have taken basic college economics courses and follow the business and economics sections of major media. This section should be re-written to include an explanation of why NOT paying rents would help the working class as well as the ruling class, not just make wages lower, which would seem only to HURT the working class. 2603:7000:9701:6159:6C92:AB3B:4D86:B3A4 (talk) 18:58, 17 April 2023 (UTC)
Predicting 2007 recession: vastly inflated description from non-RS
[edit]From en-wiki on Dutch economist Dirk Bezemer: "In a September 2009 opinion piece in the Financial Times he wrote that a dozen economists whom he listed had seen the 2007-08 financial crisis coming for years, but were ignored" Looking at Bezemer's 2009 FT opinion piece, Michael Hudson was one of those dozen economists listed. 2009, the year of Bezemer's oped was about the bottom of US housing price decline, after which house prices started briskly rising again.[1] This bio doesn't cite Bezemer's oped directly, but instead cites a longer self-published research paper which is no more of a reliable source than an oped would be, as authority for wikivoice giving this grandiose assessment: "He has been noted for having predicted the Great Recession of 2007-08 before it happened, in an April 2006 article in Harper's, citing correctly its cause and timeframe." This is a huge inflation of one Dutch professor writing 2 non-RS papers in 2009 that include Hudson as one of a dozen successful doom-predictors. If there exists some wider RS discussion of Hudson's 2006 prediction that homeowners were about to descend to "serfdom" (his term), it could be cited and added to the article. HouseOfChange (talk) 21:57, 31 August 2023 (UTC)
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