Robert Johnson (economist) explained

Robert A. Johnson is the Executive Director of the Institute for New Economic Thinking and regularly contributes to NewDeal 2.0 with his "FinanceSeer Column." He also formerly traded currency on Wall Street under George Soros.[1] [2]

Early life

Johnson received a B.S. in electrical engineering and a B.S. in economics from the Massachusetts Institute of Technology. Johnson received a Ph.D. and M.A. in economics from Princeton University.[3]

Career

Between 1996 and 2006, Johnson founded Bottled Majic Music, a music company, that bought Rooster Blues.[4] [5]

Economic analysis

Johnson claims that unemployment and underemployment (idle labour resources) have led to lower tax revenues, which have led to a budget deficit problem for the USA government under George W. Bush and Barack Obama.[6] He also cites the lack of a tax on richer Americans who have inherited wealth at birth or at a young age as another reason for this, in addition to the effects of government bailouts to large capitalist institutions in the years after 2008.

Personal life

Johnson is married to Alexis McGill Johnson, who is the president of Planned Parenthood.

Selected bibliography

External links

Notes and References

  1. http://www.rooseveltinstitute.org/people/fellows/rob-johnson Rob Johnson at Roosevelt Institute.
  2. Paul Jay and Robert A. Johnson, "Easier to Attack the Weak than the Wealthy." The Real News Network, July 25, 2011.
  3. Web site: Robert A. Johnson *86 . The Julis-Rabinowitz Center for Public Policy and Finance . . 19 January 2023 . en.
  4. Web site: Amazing Grace . Museum of the Moving Image . 19 January 2023.
  5. Web site: More bad news: shrinking payrolls in February . Economic Policy Institute . 19 January 2023.
  6. Paul Jay and Robert A. Johnson, "An Upside Down Economy." The Real News Network, March 3, 2011.
  7. News: Weissberg . Jay . Taxi to the Dark Side . 19 January 2023 . Variety . 3 May 2007.
  8. Web site: Taxi to the Dark Side . . 19 January 2023.