This working paper considers the case for the use of the Consumer Price Index as a measure of inflation, and its use in calculating real Gross World Product (GWP). The discussion accords particular attention to the way in which the computation of GWP in CPI-adjusted dollars over time more fully...

This working paper extends the analysis of U.S. deindustrialization on the basis of Consumer Price Index-adjusted estimates of per capita value added in the U.S. manufacturing sector and its categories via the presentation and discussion of decade-by-decade averages in selected areas of value...

This note extends the author's prior statistical examination of the reorientation of the U.S. economy toward the financial sector (in its share of investment, activity, assets over the neoliberal period) with an examination of its share of profit-making as a share of GDP in itself, relative to...

This note is a follow-up to the author's 2004 International Security article "Societal Complexity and Diminishing Returns in Security" which reconsiders the earlier piece's argument in light of developments since its publication (in particular the Great Recession's development, outbreak and...

In this working paper the author examines the U.S.' "tech boom" of the late 1990s, particularly from the standpoint of the way in which it was explained to the public by mainstream commentators, and the expectations they aroused. Central to that examination is the way that this understanding and...

This note discusses the concept of "quasi-middle classness"--a situation differing from middle classness in that the individual or household in question enjoys a level and "style" of consumption associated with middle class persons (e.g. they own a house and car), but does not enjoy other...

This note, a follow-up to the author's earlier consideration of German and Japanese announcements of greatly enlarged defense spending in 2022 (German and Japanese "Rearmament" in Context:A Note on German and Japanese Defense Spending Plans in the Wake of the Russo-Ukrainian War), addresses...

This note, in light of the longstanding relationship between naval might and great power status, evaluates the shift of the U.S. and Soviet/Russian navies between 1990 and 2020 in regard to naval combatant numbers and tonnage. The analysis extends from overall numbers and tonnage to specific...

This note, referencing the author's prior discussion of the "Keynesian Fordist" and "Neoliberal Financialization" growth models, discusses the implications of each from a class and consumption standpoint, noting that where Keynesian Fordism was associated with a considerable growth in a...

This note considers David Rodgers' argument against the relevance of the term "neoliberalism" on the grounds that it combines disparate phenomena perhaps more usefully treated separately—in particular, "market fundamentalism"; a model of financialized-globalized capitalism; "disaster...