· Hello, my name is John Hively. I’m the economist from outside the box. Welcome! In this blog, I share tips, thoughts, ideas, lists, stories, articles, podcasts, pictures, speeches and interviews about the economy. Needless to suggest, I also break down what others are saying about economics. And you can’t do this without analyzing political decisions, such as the impending Obama stimulus plan.
· For beginners, here’s something you haven’t likely heard. Think about this. The unemployment rate has risen since April 2007, corporate profits have dropped, but dividends have soared! How is that possible?
· It’s easy, but you won’t hear the obvious from academic or business economists. Corporations have been cutting jobs and transferring the lost wages and benefits into dividends and higher CEO compensation. That income transfer process occurs throughout the business cycle but it is most glaring during a recession.
· In part, that’s how and why income has been redistributed upward, especially during the last thirty years, and why the affluent have gotten richer and the rest of us haven’t.
· So why aren’t policy makers discussing the obvious? I don’t know. Maybe it’s because they don’t want to consider changing the system.
· As for my credentials: I earned degrees in economics, communication and education.
· I’m also a writer, a public school teacher and a public speaker.
· My writing credits include a traditionally published book, The Rigged Game: Corporate America and a People Betrayed. Black Rose Books released it internationally in the summer of 2006.
· Want to read a book about how the economy really works? You’ll find them here starting with my own book, The Rigged Game: Corporate America and a People Betrayed, along with links on where to buy them. In The Rigged Game, I show how all recessions begin in the financial markets; meaning that an economic downturn is nothing more than a huge income redistribution from people that work for a living primarily to the rich.
· The Center for Corporate Policy, a non-profit, non-partisan public interest organization working to rein in corporate abuses and hold them publicly accountable for their actions, listed The Rigged Game as a must read on its website during 2007.
· The Rigged Game is selling in the United States, the United Kingdom and Canada. Libraries in Turkey, Singapore, China and Australia have purchased it.
· I’m also a staff writer for www.boxingscene.com. My boxing articles have appeared in numerous venues, including www.foxsports.com and Google News.
· The Portland Business Journal published twenty plus freelance articles I wrote from 2002-2003.
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Hiya!. Thanks for the info. I’ve been digging around for info, but i think i’m getting lost!. Yahoo lead me here – good for you i guess! Keep up the good work. I will be coming back over here in a few days to see if there is updated posts.
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This is John Hively. You looked at my blog a while back. You said, “…but i think i’m getting lost!” What kind of information are you, or were you, looking for? Did you find it?
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Have you ever thought about including a little bit more than just your articles? I mean, what you say is valuable and all. But think about if you added some great images or video clips to give your posts more, “pop”! Your content is excellent but with pics and video clips, this website could definitely be one of the most beneficial in its field. Terrific blog!
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I like the blog, sir. Maybe I can read your book and we can discuss.
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Hi Atticus,
Let me know if you get and read the book. I don’t know if it’s in a library near you, but it’s in a ton of university libraries throughout the world. So let me know if you can or can’t get it.
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About Me: The Economist From Outside the Box John Hively's Blog I was suggested this web site by my cousin. I’m not sure whether this post is written by him as nobody else know such detailed about my difficulty. You’re amazing! Thanks! your article about About Me: The Economist From Outside the Box John Hively's Blog Best Regards Cassetta Veronica
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John: I am about halfway through an excellent book The End of Growth, an issue I have wondered about since the 70s, how can we assume endless growth of GNP and other traditional indicators on a finite planet? Your thoughts? http://www.amazon.com/The-End-Growth-Adapting-Economic/dp/0865716951
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You are absolutely right about the growth of dividends at the cost of jobs. I have seen this first hand with employers telling employees not to expect any bonuses because of weak earnings and then paying close to millions in bonuses to their own execs. This in my vocabulary is corporate anarchy.
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I think I will find your book somewhere! My interest has been sparked. I have read the “Creature from Jekyll Island”, and it was a real eye opener…not that I would ever have any power to change a thing. ha. But at least I know what to expect in this world with zero surprises.
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I read your book, and was absolutely sickened. I felt betrayed. I did cross-reference many things you had written about via the internet. I initially felt you may be biased or had a political agenda. I was wrong. You were simply stating the facts. I have since ask people to please read your book. On a personal note, with the exception of using electricity and gasoline, my purchases from corporations will be kept to the bare minimum in the future. I hope that all of these companies fold.
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I’ve enjoyed your coverage of the debts and deficit problems in the US. Given this focus, I thought I would let you know that I recently finished working on an infographic that explores the details of trillions of dollars of unaccounted for money in the country. I thought I would share it with you in the hopes you might make some use of it. Here’s the link: http://www.masters-in-accounting.org/missing-money/
Best Wishes,
Jack
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I am Roderick from Canada and look forward to getting your book that I have already ordered from Amazon. I saw your piece about Canada’s middle Class. Very interesting.
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Nice to meet you Roderick!
Warmest Regards,
John Hively
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Did you see this? I immediately thought of your interest in GMOs.
http://www.nakedcapitalism.com/2017/05/genetically-engineered-disappointments.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
So, GMOs may or may not be safe but they are proving to be ineffective in what they promised to do (other than line Monsanto’s pockets).
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Thank’s Steve! The New York Times came out with a similar story last year, which I wrote about. This link you gave looks a bit more updated. I should be able to use this. Hope things are going well for you!
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