About the Author

Michael Gilbert’s primary interests in economics are in two related areas: the defining characteristics of our complex modern economy and the proper relationship of government to private sector economic activity. He is the author ofAmerica in the Economic World: Jobs, Necessities, and Economic Optimization¬†(Langdon Street Press, 2014).

Michael has graduate degrees in mathematics and business administration. He has been an exploration geophysicist since 1974 and has worked on numerous projects in North and South America. He is an emeritus member of both the American Mathematical Society and the Mathematical Association of America, and is also a member of Beta Gamma Sigma, the national business honor society. ¬†Michael’s background in economics and geophysics uniquely qualifies him to analyze the market correction to stagflation in the 1980s and the widespread confusion that followed the improvements in the American economy.