Robert Johnson (economist)
Encyclopedia
Robert A. Johnson is the Executive Director of Economic Policy the Institute for New Economic Thinking
, a Senior Fellow and Director of the "Project on Global Finance" at the Roosevelt Institute, and regularly contributes to NewDeal 2.0 with his "FinanceSeer Column." He also formerly traded currency on Wall Street
under George Soros.
and Barack Obama
. 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.
Institute for New Economic Thinking
The Institute for New Economic Thinking is a New York City-based nonprofit think tank founded in October 2009 with a $50 million pledge by George Soros as a result of the Financial crisis of 2007-2010.It has nobel laureates George Akerlof, Sir James Mirrlees, A...
, a Senior Fellow and Director of the "Project on Global Finance" at the Roosevelt Institute, and regularly contributes to NewDeal 2.0 with his "FinanceSeer Column." He also formerly traded currency on Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...
under George Soros.
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. BushGeorge W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
and Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...
. 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.
Selected bibliography
- (As Executive Producer). Taxi to the Dark Side. Dir. by Alex Gibney, THINKFilm, 2007.
- No Change We Can Believe In: Finance is much the same as ever. Newsweek Magazine. November 5, 2009.
- What About an Additional 12.5 Billion? The New York Times. November 19, 2009.
- Robert Johnson on Resolution Austerity. The Roosevelt Institute. "Make Markets Be Markets Conference," March 3, 2010, New York City.
- Who is Influencing Obama's Budget Proposal? Following the Funders. The Huffington Post. February 15, 2011.