Hudson was born on March 14, 1939,[3] inMinneapolis.[4] His father, Nathaniel Carlos Hudson (1908–2003), received an MBA from theUniversity of Minnesota in 1929.[4] His father joined thetrade union struggle, became an activeTrotskyisttrade unionist, editor of theNorthwest Organizer andThe Industrial Organizer, and wrote articles for other trade union publications. When Hudson was three years old, his father was jailed "under theSmith Act for advocating the overthrow of the government through force and violence," according to Hudson.[5] He had been one of the leaders of theMinneapolis general strikes from 1934 to 1936.[4]
Hudson received his primary and secondary education in a private school at theUniversity of Chicago Laboratory Schools. After his graduation, he entered theUniversity of Chicago with two majors: Germanicphilology and history. In 1959, Hudson graduated from the University of Chicago with a bachelor's degree. After graduation, he worked as an assistant to Jeremy Kaplan at theFree Press in Chicago. He managed to obtain the rights to the English language editions of the works ofGyörgy Lukács as well as the rights to the archives and works ofLeon Trotsky after the death of Trotsky's widow,Natalia Sedova.[6]
Hudson found work at thepublishing house neither interesting nor profitable. Hudson, who had studied music from his childhood, moved to New York in 1960 in hopes of becoming a pupil of the conductorDimitris Mitropoulos, but these plans were not to be realized.
In 1961, Hudson enrolled in the Economics Department ofNew York University. His master's thesis was devoted to the development philosophy of theWorld Bank with special attention to credit policy in the agricultural sector.[6] In 1964, after Hudson received his master's degree in economics, he joinedChase Manhattan Bank's economics research department as abalance of payments specialist.[7]
Hudson left his job at the bank to complete his doctoral dissertation. His thesis was about US economic and technological thought in the 19th century. He defended it in 1968 and in 1975 published it under the titleEconomics and Technology in 19th Century American Thought: The Neglected American Economists.[8]
In the mid-1990s, Hudson became a professor of economics at theUniversity of Missouri–Kansas City and a fellow at theLevy Economics Institute atBard College. As of 2020[update], Hudson was the director of the Institute for the Study of Long-Term economic Trends (ISLET) and the Distinguished Research Professor of Economics at the University of Missouri–Kansas City.[12][13]
Hudson is the author of several books, among them the following:[14][15]
Super Imperialism: The Economic Strategy of American Empire (1968, with 2003 and 2021 edition revisions.)[16][17]
Global Fracture: The New International Economic order (1973),[18] a sequel toSuper Imperialism.
Trade, Development and Foreign Debt, Volume I, International Trade: A History of Theories of Polarisation and Convergence in the International Economy (1992).[19]
Trade, Development and Foreign Debt, Volume II, International Finance: A History of Theories of Polarisation and Convergence in the International Economy (1992).[20]
A philosophy for a fair society (Georgist Paradigm Series) (1994).[21]
Urbanization and Land Ownership in the Ancient Near East (1999), edited by Hudson andBaruch A. Levine,[22] with an introduction by Hudson, Volume II in a series sponsored by the Institute for the Study of Long-term Economic Trends and the International Scholars Conference on Ancient Near East Economies: A Colloquium Held at New York University, November 1996 and The Oriental Institute, St. Petersburg, Russia, May 1997, published byPeabody Museum of Archaeology and Ethnology.
Super Imperialism Walter E. Williams New Edition: The Origin and Fundamentals of U.S. World Dominance (2003),[23]
Global Fracture: The New International Economic order, Second Edition,[24]
America's Protectionist Takeoff, 1815-1914: The Neglected American School of Political Economy (2010),[25] enlarged, revised and updated version ofEconomics and Technology in 19th-Century American Thought - The Neglected American Economists.
J is For Junk Economics: A Guide to Reality in an Age of Deception (2017)[28]
... and forgive them their debts: Lending, Foreclosure and Redemption – From Bronze Age Finance to theJubilee Year (2018), Dresden: ISLET-Verlag Dresden. [ISBN 978-3-9818260-3-6] (hard bound), [ISBN 978-3-9818260-2-9] (soft cover)[29]
The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism (2022)[30]
The Collapse of Antiquity: Greece and Rome as Civilization's Oligarchic Turning Point (2023)[31]
Temples of Enterprise: Creating Economic Order in the Bronze Age Near East (2024)[32]
^"Biography".Michael Hudson. March 15, 2010. RetrievedApril 7, 2021.
^Hudson, Michael (1973).Contemporary Authors: A Bio-Bibliographical Guide to Current Authors and Their Works. Edited by Clare D. Kinsman. Detroit, Michigan: Gale Research. Vol. 33–36. p. 456.
^Center, Kairos (September 25, 2017).""The Bible is all about economics": A Conversation with Dr. Michael Hudson".Kairos Center.My father was a labor leader. He was sent to jail 75 years ago under the Smith Act for advocating the overthrow of the government through force and violence. The Attorney General later wrote it was the only thing he was ashamed of doing.
^Hudson, Michael (1994).A philosophy for a fair society (Georgist Paradigm Series) (paperback ed.). Shepheard-Walwyn.
^The President and Fellows of Harvard College; Hudson, Michael; Levine, Baruch A. (1999).Urbanization and Land Ownership in the Ancient Near East, Volume II; Edited by Michael Hudson and Baruch A. Levine (Peabody Museum Bulletin 7 ed.). Cambridge MA: Peabody Museum of Archaeology and Ethnology Harvard University.ISBN0-87365-957-0.
^Hudson, Michael (March 2003).Super Imperialism – New Edition: The Origin and Fundamentals of U.S. World Dominance.Pluto Press.ISBN978-0-7453-1989-6.
^Hudson, Michael (April 2005).Global Fracture: The New International Economic order, Second Edition.Pluto Press.ISBN978-0-7453-2394-7.
^Hudson, Michael (2010).America's Protectionist Takeoff, 1815–1914, The Neglected American School of Political Economy (New ed.). New York and London: Garland Publishing, Inc.ISBN978-3-9808466-8-4.