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About Jack Rasmus

Positions

2008 - Present Lecturer, University of California - Berkeley ‐ Economics
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2007 - Present Lecturer, Politics and Economics, Saint Mary's College of California
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Present Faculty Member, Saint Mary's College of California Economics
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Present Faculty Member, Saint Mary's College of California School of Economics and Business Administration
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2007 - 2013 Adjunct Professor of Economics, Santa Clara University Leavy School of Business
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2008 - 2009 Visiting Lecturer in Economics, University of California - Berkeley
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1972 University of Toronto Open Fellowships -International Studies Fellowship, University of Toronto -International Studies Research Fellowship, University of Toronto -Center for International Studies Research Grant, University of Toronto -London School of Economics, University of Toronto
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1972 Visiting Research Scholar -Honors with Distinction in Economics,, University of California - Berkeley
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Disciplines


Research Interests

Economic Policy Analysis, US Economic History, History of Economic Thought, Labor Economics, Political Economy, Environmental Political Economy, International Political Economy, Political Economy of Global Financial Crises. Theory of Epic Recession. Financial crisis in the U.S., 2003-08, and its comparison with Japan, 1990s, and prior financial events in U.S., 1982 to 2002. Income Inequality, U.S. and global. Causes and consequences for economic instability. Monetary and Fiscal Policy effectiveness in periods of financial instability. Industrial and trade policies. Theories of financial instability from Keynes, Fisher, Kalecki, Tobin, Minsky. Financial stabilization policies analysis. Evolving relationships between income shares, speculative forms of investment finance, central bank policy effectiveness. Economic Policy analyses, and the development of policy-based methodologies, associated with estimating changes in relative income shares in the U.S. Focus on corporate and government policies impacting wages and earnings, tax structures, trade policy, job restructuring, FLSA wage provisions, health benefits, pensions, executive compensation, and social security policies influencing change in relative income shares in the U.S. Development of a policy-based approach to quantifying relative shares. Analysis of limitations of current academic literature and data sources, and critique of public ideologies associated with explaining trends in relative income shares. The Political Economy of retirement systems in the U.S. Analysis of the aggregate demand and income effects associated with the decline of defined benefit pension plans, changes in social security financing and privatization, and falling personal savings rates since 1980, Critique of 401K and private pension plans as solutions to the dismantling of the U.S. defined benefit retirement system, and financial, tax, and business cycle implications underlying the developing crisis in retirement funding.

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Professional Service and Affiliations

2008 - Present Economic Advisor to San Francisco Labor Council, Chief economic adviser to ‘Economic Recovery Committee’, San Francisco Central Labor Council, AFL-CI
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Courses

  • Intro to Pol. Economy
  • Development of Economic Thought, U.S. Economic
  • Contemporary Economic Policy Analysis
  • Intro to Political Economy, War & the Economy
  • American Political Thought, Marxist Political Economy
  • Intl Political Economy, Money & Politics
  • Environmental Politics
  • Economics, and Politics Courses taught in Politics Dept
  • Political Economy
  • Contemporary Policy Analysis
  • US Economic History
  • Labor Economics
  • History of Economic Thought

Education

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1987 M.A., International Management & Statistics, Areas of Concentration: International Trade, Applied Business Forecasting, International Management, Political Risk Analysis, Market Research Methodology., University of Texas at Austin
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1979 Ph.d Political Economy, Dissertation: "The Political Economy of Wage-Price Controls in the U.S., 1971-1974"; Areas of Concentration: Economic Policy Analysis, Comparative Economics, Labor Economics, Industrial Democratic Theory., University of Toronto
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1969 M.A., Political Economy, University of Toronto
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1968 B.A., Economics, Honors Programs in Economics and Political Science, University of California - Berkeley
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Contact Information

SMC Email Address: 
Contact Information: 
Office
Garaventa - 211
Contact:
Phone: 8006
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Publications (31)