We have witnessed extraordinary market volatility for several decades along with questionable bailouts, bonus checks, and golden parachutes. Meanwhile, the wealth gap between the rich and the middle class appears to be growing quickly with no end in sight. The one great American asset receiving the most damage through all this is the one we should be most concerned about: The American middle class. Most economists have been very slow to explain the true nature of this problem. What is really going on here? How can we fix this? Does this mean we are in a class war? Rich Farris cuts to the chase proposing a new form of economic theory that is way past due: Middle Class Economic Theory.