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Norway

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Should We Build a Wall to Keep Them Out?
In the past couple of weeks, thanks to the president’s racist comments about Haiti and African countries he can’t even name -- remember “Nambia”? -- as well as the stamp of approval he awarded future immigrants from Norway, we’ve seen a surprising amount of commentary about that fortunate country. Let me just say: those Norwegians... Read More
Professor Hudson was recently in Norway and interviewed on NRK. Take your pick, the first file has the Norwegian edited out, so excuse a few jumps in topic. The second is the full podcast. Listen (3 mins) Listen to the Norwegian version (34 mins)
What does Norway get out of its Oil Fund, if not More Strategic Infrastructure Investment? For the past generation Norway has supplied Europe and other regions with oil, taking payment in euros or dollars. It then sends nearly all this foreign exchange abroad, sequestering its oil-export receipts – which are in foreign currency – in... Read More
A speech given at the House of Literaturhus, Oslo, recently
I have been invited to visit Oslo to provide an international perspective on the management philosophy guiding Norway’s $500+ billion Oil Fund. In particular, I’ve been asked to compare it to other sovereign wealth funds. With regard to the nation’s economic development over the long run, how does Norway’s approach compare with those of China,... Read More
Click ‘Read More’ to see an interview with Michael Hudson on Norwegian Television. [qt:/video/Hudson_Norway2011.mov 768 576]
With oil revenues soaring, the time has come for Norway to consider how best to apply them to strengthen its economic infrastructure and policy framework to promote the nation’s longer-term development. As matters now stand, the oil wealth is causing problems by making the krone a petrocurrency pricing Norwegian labor and industry out of world... Read More
Speech to the Norwegian Shipowners’ Association, August 17, 2000 by Dr. Michael Hudson, ISLET © The debate over whether to privatize Norway’s oil, telephone system and other national assets has focused on considerations of whether private management would be more efficient than government management. The discussion to date has turned more on political ideology than... Read More
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