I’m the founder and president of InterMarket Forecasting, Inc. (IFI), a professor of political economy at Duke University (DU), and a senior fellow at the American Institute for Economic Research (AIER). Prior to founding IFI in 2000, I was a banker for a dozen years at the Bank of New York and Citibank (1981-92) and subsequently a senior economist at H. C. Wainwright Economics, Inc. (1993-2000). I received my B.A. in law and economics from Bowdoin College (1981), my M.B.A. in economics from New York University Graduate School of Business (1988), and my Ph.D. in political economy from Duke University (2012). Also, since 1993 I have held the designation of Chartered Financial Analyst (CFA).
I have authored scores of articles and five books: Where Have All the Capitalists Gone? (2020), The Political Economy of Public Debt: Three Centuries of Theory and Evidence (2017), Gold and Liberty (1995), The Collapse of Deposit Insurance and the Case for Abolition (1993), and Breaking the Banks: Central Banking Problems and Free Banking Solutions (1990). My books-in-progress include The Political Economy of Taxation: Three Centuries of Theory and Evidence, The Political Economy of Money: Three Centuries of Theory and Evidence, The Political Economy of Capitalism, and Capital on Strike: The Cause and Consequence of the Great Depression. My work also has appeared in The Wall Street Journal, The Economist, Financial Post (Canada), Investor’s Business Daily, Barron’s, and Forbes.
I live in Durham, North Carolina with my wife Lisa. I was born in Massachusetts and lived most of my youth in Hamilton.