I have submitted a letter to the President of the United State of America Donald J. Trump, on Thursday 23rd January 2020, which is accompanied with my book portfolio. My book portfolio contains four books, 'Modern Applied Macroeconomics', 'Euro Crisis', 'Alternative Economics' and 'Economic Growth'. I explain in a covering letter that my school of economic thought has been applied in the United Kingdom successfully over the last decade, achieving the set economic targets. Copyright © 2020 Peter James Rhys Morgan. This letter was originally posted at morganist economics at the link below. https://morganisteconomics.blogspot.com/2020/01/letter-to-president-of-america.html To: The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 To: The President of the United States of America, Donald J. Trump. Regarding: New School of Economic Thought. Thursday, 23rd January 2020. I am an independent economist who develops new tools and policies to enable progress. I am located in the United Kingdom where my school of economic thought has been adopted and used extensively by the government over the last decade. Since the British government have applied my macroeconomic policies they have adhered to the set economic targets better than any other period of time that I am aware of. Economic growth has been very close to the 2% annual target and inflation has remained within acceptable boundaries throughout the period. My work uses altering pension contributions to increase or decrease rates of consumption and impact aggregate prices. Pension saving reforms have been introduced to decrease inflation when prices have exceeded targets and to stimulate growth when deflation and low economic growth have been present. The technique appears to work well and has enabled large treasury cost efficiencies to be made. The pension saving process has been optimized, creating further cost efficiencies and providing a new framework to control the annually set economic targets. I have written four books that put forward my new school of economic thought, 'Morganist Economics', which are enclosed in the parcel with this letter. In the book 'Modern Applied Macroeconomics', there is evidence of the successful application of my work on page 135. A letter from the former Chancellor of the Exchequer stating his appreciation for the work and his intention to use my pension reforms is also included in the book on page 139. The book was formerly a paper that was used to such a degree that it has changed economic practice. I was successful in predicting the United Kingdom would withdraw from the European Union in the book 'Euro Crisis', which has been influential in Europe and helped significantly in the negotiations throughout Brexit. My most recently published book is 'Economic Growth In a Highly Constrained Environment', which puts forward new techniques to stimulate economic growth when both monetary and fiscal policy are constrained. The books are aimed at giving politicians alternative options that avoid introducing hard hitting policies and consequences. Kind Regards. Peter James Rhys Morgan.
Time for you to write letters to all the countries in this universe. Then compile it into a book. Then you can earn tons of money selling the books
Thank you for the idea. I have thought about writing a book of letters, unfortunately people don't seem that interested. You can view loads of my letters at my blog for free at the moment, they get a few hits but not many. Anyway feel free to have a look at the letters, if you move your mouse to the right hand side of the page you will get a dark grey selection icon which provides a tags option. Select the letters tag and all of my letters will be brought up for you to read. I might one day publish a book containing my letters but for the moment they are to be made available to the public for free to promote my work to provide financial stability.
If you want to see the contents of Modern Applied Macroeconomics page 135 to page 139 that provides evidence of the works successful application you can for free at my blog morganist economics, on the Success page.
Sorry, I think our great President Donald Trump has a pretty good grasp of economic policy which is why the US has the best economy in the world right now. US is best served continuing the economic policies of the Trump administration. If it ain't broke, why fix it? Try the Socialist countries like France, Italy and the UK. Their economies need work but, I am not here to lecture them on how to do it.
The tools I have developed that have been used in the United Kingdom have enabled the economic targets to be very closely hit. This is something hard to achieve in economics and provides new options for economic control. The pension reforms also made significant treasury cost efficiencies which other countries can benefit from. Both monetary and fiscal policy are constrained at the moment due to high public and private sector debt, this requires new techniques to control inflation/deflation and achieve economic growth targets. The new techniques I developed can prevent the need to increase interest rates if high inflation occurs again, which is in itself a cost efficiency for borrowers helping to reduce debt defaults. I am sharing cost efficiency techniques used in the United Kingdom that save governments and private citizens money, they also offer a safer less consequential method of controlling the economy. There has been an advancement in economic policy in the United Kingdom that other countries can take advantage of. Why should America not be offered the opportunity to use these new policy techniques and save money for themselves at the same time as increasing pension saving?
The problem in economics in recent years has been as a result of high private and public sector debt. If the interest rate rises the debt repayments on the staggering outstanding debts become unaffordable for most people causing a default. This then costs investors the stock of funds they lent to the defaulting borrower. Using alterations in pension contributions to control excessively high aggregate prices (inflation) prevents this scenario from happening. In the United Kingdom interest rates have been able to remain low for the last decade making debt repayment easier. If inflation increases just increase pension saving one way or the other and interest rates are paid and the outstanding debt is safe. There has been deflation so they have optimized the pension saving process to increase consumption, which has helped to sustain economic growth when many other nations failed to reach their targets. It has been successful and can protect an economy well, new tools offer new opportunity and security.
I am not sure. However I have a track record of sending my work to important people them responding in letters or otherwise and then them using the work successfully. If you look at my website morganist economics at the Success page the is a document that shows how the work I sent up to the Chancellor of the Exchequer (Finance Minister) in the United Kingdom was implemented and used effectively. There is also a letter from him acknowledging the work and stating his intention to use it. I heard that Timothy Geithner received a copy of the work and commented on it a few years back. Work like this in economics is rare, it is not just opinion it is a new school of economic work and an alternative economic control mechanism. It is not common for this type of work to made available to politicians, there aren't that many schools of economic thought or economic control mechanisms, so he may well hear about it.