Reaganomics vs the Modern Economy defines the modern economy including the critical contributions of the public sector. It describes the history of political frustrations and resistance to government that led to Ronald Reagan's election. We learn how market forces not Reaganomics ended stagflation in the 1980s. But confusion and Reagan's personal popularity continue to produce unworkable policies. Michael Gilbert shows how we can reduce dissension and division in the country by implementing policies that meet the requirements of our modern economy. The failures of Reaganomics are our guide for what not to do.
Since 1968 Michael Gilbert's main interests in economics have been in the related areas of human survival in a modern economy and in the relationship between the private sector and government. He is the author of America in the Economic World: Jobs Necessities and Economic Optimization (2014).
After earning degrees in mathematics Michael worked for decades as an exploration geophysicist on successful projects in North and South America. He retired in 2003 as the Chief Geophysicist for an independent oil company. Over the years he has trained geophysicists and taught college and community college mathematics as well as federal income tax preparation. Since 2010 he has followed his life long interests to work exclusively on research and writing in economics and political economy.
Michael is an emeritus member of both the American Mathematical Society and the Mathematical Association of America. He is also a member of Beta Gamma Sigma the national business honor society.