Middle Class Political Economist

I grew up in a middle-class family, the first to go to college full-time and the first to earn a Ph.D. The economic policies of the last 40 years have reduced the middle class's security, and this blog is a small contribution to reversing that.

Saturday, August 18, 2012

Most U.S. Trade Agreement Improve Trade Balance, but Effect Overwhelmed by NAFTA and China Trade

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The U.S. trade deficit figures heavily in the analysis of Jeff Faux's new book , The Servant Economy . Faux, the founder of the Economic...
4 comments:
Thursday, August 9, 2012

U.S. Trade Deficit Largely Due to "Intra-Firm" Trade (UPDATED)

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The vast majority of the U.S. $727 billion trade deficit in goods for 2011 is due to "intra-firm" or "related party" tra...
9 comments:
Tuesday, July 31, 2012

It's the Middle Class, Stupid! (Review)

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When I saw that James Carville and Stan Greenberg had just published It's the Middle Class, Stupid! ( Blue Rider Press ), I knew that I...
2 comments:
Tuesday, July 24, 2012

New Estimate of Offshore Wealth Shows Big Increase Since 2004

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A new report by the Tax Justice Network , "The Price of Offshore Revisited," shows that the amount of wealth held in tax havens h...

Will Mitt Romney Release More Tax Returns?

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Results are in for my reader's poll on whether Mitt Romney would release more tax returns . The overwhelming majority, 72%, said no, whi...
Thursday, July 19, 2012

U.S. Trails at Least 15 OECD Countries in Median Wealth

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Via @exiledonline, I learned today (July 18) that Canadians are richer than Americans. This is rather surprising, since GDP per capita is hi...
16 comments:
Wednesday, July 18, 2012

Is the Noose Closing Around Romney's Tax Returns?

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Problems on my blogging computer have kept me away from here for a week, and a lot sure has happened on the Mitt Romney tax story in that t...
6 comments:
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Kenneth Thomas
Professor Emeritus of Political Science, University of Missouri-St. Louis. Author of Competing for Capital: Europe and North America in a Global Era (Georgetown University Press, 2000) and Investment Incentives and the Global Competition for Capital (Palgrave, 2011). Available for research, consulting, and expert testimony. All opinions expressed are my own and not my employers'.
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