The Two Root Causes of Income Inequality: And a Practical Solution - Paperback

by Louis Cohen Phd (Author)

To find the Two Root Causes of Income Inequality, the following questions had to be answered:

1. Why are corporate profits and stock prices soaring, while the middle class is falling apart?

2. Are new economic measurements needed to measure the health of the US economy - and what are they?

3.Do half (Romney's 47%) of Americans really pay no taxes? What % of their incomes do they really pay in taxes?

4. What is the cause of so much short-term thinking in US business today?

5. Are there really two very different kinds of patriotism - "flag-waving" patriotism and "economic" patriotism - each of which has a very different effect on the middle class and other ordinary (not rich) Americans?

6. Who are the real job creators?

These and many other questions and answers come from a new research lens that takes into account the radical changes in the American economy in last 30 years.

Louis Cohen, an established researcher of 30+ years, tackles these questions and more, using research methods developed during his commercial career, and re-applying them for the benefit of a middle class that is hurting.

Dr. Cohen has also developed a practical single solution to Income Inequality and the other economic problems afflicting the middle class and other ordinary (not rich) Americans.

Author Biography

Louis Cohen's undergraduate work was in statistics at the City College of New York, followed by a PhD in psychology at New York University. He taught statistics for a few years and gave seminars to clients. He published a dozen journal articles on the research techniques he developed. He worked as president and principal of a large research company for 11 years.

When Dr. Cohen realized that he would rather do research than serve as president, he sold his interest in the company and started a small research company, Louis Cohen Research, which he ran for 20 years, doing the lion's share of the research projects himself, with a few people for logistics. Clients included such large companies as Johnson & Johnson, NBC, Bristol-Myers, Westinghouse Broadcasting, and RJR Foods.

Cohen has been a news junkie longer than a market researcher, and in his retirement devotes work to timely issues like Income Inequality, Healthcare and Entitlements. There is a good deal of political economics in his current work. The work is fun.