Pete Murphy retired in 2004 after working for thirty years in manufacturing and engineering for a major chemical company. Duing those thirty years, he witnessed first hand the devastating impact that globalization has had on U.S. manufacturing. In 1993 he began formulating his theory of population density-induced decline in per capita consumption and has, since then, written and re-written this book and tested the theory against national and global events as they have unfolded.
He holds a BS degree in mechanical engineering from the University of Notre Dame and began his career following three years of service as an officer in the U.S. Navy. Though not formally trained as an economist, he “earned his stripes” as an economist in the tradition of the classical economists – through observation of the economy and the application of logic. He currently resides with his wife in southeast Michigan – “ground zero” of the devastation inflicted by blind trade on U.S. manufacturing.