Michael Hudson is an American economist, a professor of economics at the University of Missouri–Kansas City, and a researcher at the Levy Economics Institute at Bard College. He is a former Wall Street analyst, political consultant, commentator, and journalist. You can read more of Hudson’s economic history on the Observatory.

Property and Debt in Ancient Rome

The ancient Roman concept of property was essentially creditor-oriented. As Rome’s power grew, practices quickly became predatory.