Restore Trust: Economic Solutions to Current Social and Political Issues in the U.S. - Softcover

Neff, Werner

Softcover

ISBN 10: 1684189756 ISBN 13: 9781684189755

Publisher: Werner Neff, 2020

Synopsis

Are economic thinking errors leading this country astray?

Economic thinking errors and institutional poverty traps create social problems in the country. The low minimum wage does not support a most basic lifestyle and as a result, food stamps, free medical services and other social programs become necessary to cover the gap.

Half of the Federal budget supports the poor and the elderly across the country. Americans, mostly the middle class, subsidize this insufficient minimum wage with their taxes and unknowingly and indirectly support the bottom line of companies that underpay their employees.

Economic thinking errors are the source of our entitlement society. This complex situation is a structural problem.

Democratic principles are distorted. The current political systems allows the wealthy and large corporations to covertly influence legislation and bend economic laws in their favor.

Too many Americans are blinded by dreams of success and vote against their real interests and values. This is the American voting paradox, institutionally supported by Gerrymandering and voting restrictions that favor libertarian ideology.

About this title

About the Author

Werner Neff has a Master's Degree in economics from University of St. Gallen (Switzerland) and a Ph.D. in political science from Freie Universität Berlin (Germany). He retired from an executive position in the successful mortgage and loan division of a large Swiss bank and immigrated to the United States with his American wife. The author, passionate about current affairs, politics and socio economics resumed his studies upon his arrival to the US, and created a summary of his findings and his research on the American people, their history and national and foreign politics. Neff lives in Colorado as a retiree. He appreciates the liberty to continue his own studies in economics and philosophy. He enjoys outdoor sports, especially skiing, and many cultural activities, especially the concerts of the Aspen Music Festival and School.

Edition details

• Publisher: Werner Neff
• Publication date: 2020
• Language: English
• ISBN 10: 1684189756
• ISBN 13: 9781684189755
• Binding: Paperback
• Number of pages: 218