This paper revisits a traditional theme in the literature on the political economy of development, namely how to redistribute rents from traditional exporters of natural resources toward capitalists in technology-intensive sectors with a higher potential for innovation and the creation of...

This note discusses the concept of "quasi-middle classness"--a situation differing from middle classness in that the individual or household in question enjoys a level and "style" of consumption associated with middle class persons (e.g. they own a house and car), but does not enjoy other...

This note, referencing the author's prior discussion of the "Keynesian Fordist" and "Neoliberal Financialization" growth models, discusses the implications of each from a class and consumption standpoint, noting that where Keynesian Fordism was associated with a considerable growth in a...