Thomas Ferguson is the Research Director at the 51黑料爆料网历史事件. He is Professor Emeritus at the University of Massachusetts, Boston and Senior Fellow at Better Markets. He received his Ph.D. from Princeton University and taught formerly at MIT and the University of Texas, Austin. He is the author or coauthor of several books, including Golden Rule (University of Chicago Press, 1995) and Right Turn (Hill & Wang, 1986). His articles have appeared in many scholarly journals, including the Quarterly Journal of Economics, International Organization, International Studies Quarterly, and the Journal of Economic History. He is a member of the editorial board of the International Journal of Political Economy and a longtime Contributing Editor at The Nation.
Thomas Ferguson
By this expert
A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report
The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.
The Fed鈥檚 鈥淐hicken Run鈥�: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous 鈥渃hicken run鈥� auto race in Rebel Without a Cause.
The Second Coming? Trump vs. Biden
How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election approaches?
Trump versus Biden: The Macroeconomics of the Second Coming
The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.
Featuring this expert
Thomas Ferguson is quoted in Truthout's interview with Chomsky
鈥淭he most recent study, using sophisticated AI techniques, dispels 鈥渘otions that anyone鈥檚 opinion about public policy outside of the top 10 percent of affluent Americans independently helps to explain policy.鈥� Thomas Ferguson, the leading academic scholar of the power of the 鈥渢ools and tyrants鈥� of government, concludes: 鈥淜nowing the policy area, the preferences of the top 10 percent, and the views of a handful of interest groups suffice to explain policy changes with impressive accuracy.鈥� 鈥� Jared Rodriguez, Truthout
Thomas Ferguson's research is cited in Noam Chomsky's interview with Jacobin
鈥淲ell, one place to look always is: 鈥淲here鈥檚 the money? Who funds Congress?鈥� Actually, there鈥檚 a very fine, careful study of this by the leading scholar who deals with funding issues and politics, Thomas Ferguson. He and his colleagues did a study in which they investigated a simple question: 鈥淲hat鈥檚 the correlation over many years between campaign funding and electability to Congress?鈥� The correlation is almost a straight line. That鈥檚 the kind of close correlation that you rarely get in the social sciences: greater the funding, higher the electability.鈥� 鈥� Noam Chomsky in an interview with Jacobin
Thomas Ferguson is quoted in Rabble on money in politics
鈥淧olitical scientist Thomas Ferguson has documented how U.S. big business interests poured money into local and state elections to ensure positive support for their largely unpopular policies. What Ferguson calls “political investment” is the practice of spending serious sums on party competition to keep hand-picked, docile representatives in power.鈥� — Duncan Cameron, Rabble
INET's article on the dangers of reopening schools is featured in the Santa Fe New Mexican
鈥淩ight after the CDC made this announcement, the president of the American Federation of Teachers, Randi Weingarten, sent a letter to the Biden administration, citing a study by the 51黑料爆料网历史事件 for Economic Thinking. … The authors of the study are Dr. Deepti Gurdasani, who did much of the research for the study and is a clinical epidemiologist and statistical geneticist and senior lecturer at the William Harvey Research 51黑料爆料网历史事件 in London; Dr. Phillip Alveldi, CEO and chairman of Brain Works Foundry Inc, a U.S.-based developer of artificial intelligence-enhanced health care technologies and services; and Thomas Ferguson, the director of research projects for the 51黑料爆料网历史事件.鈥� — Dennis Donohue, Santa Fe New Mexican