Things you know about the economy that are probably wrong!

You follow the news, so of course you know that:

• The US does not manufacture things any more.

• The loss of manufacturing jobs is due to imports, particularly from China.

• Exports are good, imports are bad.

• We need to save those jobs lost to imports.

At a special Silver Spring Village event, noted economist Dr. Arthur Alexander will tell the members of Silver Spring Village why he thinks these statements are wrong. He'll provide background and ways of looking at the economic issues which may just change your thinking about the nation's and the world's economy. His talk will also speak to how issues of the economy affect presidential politics in this election year.

Dr. Alexander will present his view of today's economic issues on Wednesday afternoon, October 11 at 2:00 pm in the Silver Spring Civic Building, 1 Veterans Plaza.

RSVP via the Village website calendar (fastest), by email to programs@silverspringvillage.org (second fastest), or by phoning the Village office at 301-503-7401.

Dr. Arthur Alexander is an adjunct professor at Georgetown University and at the Johns Hopkins University School of Advanced International Studies, teaching on the Japanese economy. He was president of the Japan Economic Institute in Washington, DC from 1990 to 2000. His other experience includes 22 years at the Rand Corp. and consulting to industry and government. He was an original faculty member of the Rand Graduate School for Policy Analysis and a member of its advisory committee.

His most recent books are on the Japanese economy: The Arc of Japan’s Economic Development, Routledge, 2007; and In the Shadow of the Miracle, Lexington Books, 2002. Dr. Alexander received an award from the Japanese Foreign Ministry for “distinguished service” promoting understanding of Japan.

Dr. Alexander grew up in Carbondale, Pennsylvania, graduated from MIT, served in the U.S. Army, worked for the IBM Corp. as a systems analyst, received a M.Sc. degree in economics from the London School of Economics, and a Ph.D. in economics from the Johns Hopkins University. He was a research associate at the International Institute for Strategic Studies in London. For five years, he served on the U.S. Army Science Board, a civilian advisory group.