EconoPower: How a New Generation of Economists Is Transforming the World

Overview

Praise for EconoPower

"Imagine, economists solving the world's problems! Skousen's breakthrough book bring us up to date on this fascinating development. Visionary economists are showing us creative ways to reduce world poverty, eliminate traffic jams, solve the health care crisis, save more and invest better, make business and labor more productive, improve education, cut crime, and even reduce tensions and establish peace in war-torn regions of the world. Read this book and discover a new brand of economics!"— ...

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Overview

Praise for EconoPower

"Imagine, economists solving the world's problems! Skousen's breakthrough book bring us up to date on this fascinating development. Visionary economists are showing us creative ways to reduce world poverty, eliminate traffic jams, solve the health care crisis, save more and invest better, make business and labor more productive, improve education, cut crime, and even reduce tensions and establish peace in war-torn regions of the world. Read this book and discover a new brand of economics!"— JOHN MACKEY, CEO, Whole Foods Market

"Mark Skousen is an able, imaginative, and energetic economist."— MILTON FRIEDMAN, Nobel laureate in economics

"Economics is experiencing a golden age of discovery. Empirical economists are charting the economy and society with a wealth of detailed applied results that truly bear comparison with other epochs of discovery in other sciences."— DIANE COYLE, author of The Soulful Science: What Economists Really Do and Why It Matters

"Mark Skousen is one of the best financial economists I know. His books on free-market economics and investing can't be beat. Like me, he's upbeat and optimistic about supply-side/Austrian economics, and has been instrumental in educating students, business people, government leaders, and fellow economists on sound economics and finance. Highly recommended."— LARRY KUDLOW, CNBC's Kudlow & Company

"Skousen does a wonderful job explaining how a new generation of economists is making a difference. Economics is no longer the dismal science, but an upbeat, universal science fulfilling ever-expanding needs—helping people save and invest better, bringing millions out of poverty, alleviating traffic congestion, making companies more profitable, and helping countries achieve their own economic miracles."— ARTHUR B. LAFFER, President, Laffer Associates

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Product Details

  • ISBN-13: 9780470138076
  • Publisher: Wiley
  • Publication date: 3/21/2008
  • Edition number: 1
  • Pages: 274
  • Sales rank: 1,252,395
  • Product dimensions: 6.10 (w) x 8.90 (h) x 1.10 (d)

Meet the Author

Mark Skousen is a professional economist, investment expert, university professor, and author of over twenty-five books. He has taught economics at Columbia Business School, Columbia University, and Rollins College. Currently, he holds the Benjamin Franklin Chair of Management at Grantham University. In honor of his work in economics, finance, and management, Grantham University renamed its business school, "The Mark Skousen School of Business." Since 1980, Skousen has been Editor in Chief of Forecasts & Strategies, a popular award-winning investment newsletter (www.markskousen.com). He is also Editor of The Worldly Philosophers Club, a weekly e-letter (www.worldlyphilosophers.com). Skousen is a former analyst for the CIA, a columnist for Forbes magazine, and past president of the Foundation for Economic Education (FEE) in New York. He earned his PhD in economics from George Washington University.

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Table of Contents

Acknowledgments.

About the Author.

Introduction. A Golden Age of Discovery.

Part I. Personal Finance: Earning, Saving, Investing and Retiring.

Chapter 1. Economist Discovers a Painless Way to Triple Your Savings Rate: The $90 Billion Opportunity.

Chapter 2. Modern Portfolio Theory: Can You Beat Market?

Chapter 3. Yes, You Can Beat the Market…..With Less Risk.

Chapter 4. High-Return Investing: Lessons from Yale's Endowment Fund.

Chapter 5. How Chile Created a Worker-Capitalist Revolution.

Chapter 6. The Call for Social Security Reform.

Chapter 7. $4,000 a month from Social Security?

Chapter 8. How the Private Sector Solved its Own Pension Crisis.

Chapter 9. The Four Sources of Happiness: Is Money One of Them?

Part II. Economists Enter the Corporate Boardroom.

Chapter 10. Improving the Bottom Line with EVA.

Chapter 11. How Ludwig von Mises Helped Create the World's Largest Private Company.

Part III. Solving Domestic Problems.

Chapter 12. Look, Ma'am, No Traffic Jams.

Chapter 13. Patient Power: The New Consumer-Driven Medicine Plan.

Chapter 14. Back to Basics: Competition Enters the Classroom.

Chapter 15. Chicago Gun Show.

Chapter 16. Economists Catch Auction Fever.

Chapter 17. If You Built it (Privately)…..They Will Come: The Economics of Sports Stadiums.

Chapter 18. Who is Henry Spearman? The Economics of the Mystery Novel.

Part IV. Solving International Problems.

Chapter 19. Eco-nomics: Angry Planet or Beautiful World?

Chapter 20. The Population Bomb: Economists Enter the Malthusian Debate.

Chapter 21. A Private Sector Solution to Extreme Poverty.

Chapter 22. Poverty and Wealth: India vs. Hong Kong.

Chapter 23. How Real is the Asian Economic Miracle?

Chapter 24. Whatever happened to the Egyptians?

Chapter 25. The Irish Economic Miracle: Can We Grow Faster?

Chapter 26. The Marginal Tax Revolution:  The Laffer Curve Goes Global.

Chapter 27. The Debate over Economic Inequality: The Rich Get Richer and the Poor Get……

Chapter 28. One Graph Says It All: The Development of the Economic Freedom Index

Chapter 29. Amazing Graph: Economists Enter Sacred Ground.

Chapter 30. Peace on Earth, Good Will Toward Men: The Case for Religious Competition.

Part V. Predicting the Future.

Chapter 31. New Yale Forecasting Model: Has the Irving Fisher Curse Been Lifted?

Chapter 32. Forecasting Elections: Economists Do it Better.

Chapter 33. What Drives the Economy and Stocks: Consumer Spending or Business Investment?

Chapter 34. The Midas Metal: A Golden Comeback.

Chapter 35. Is Another Great Depression Possible?

Chapter 36. Today's Most Influential Economist?

Chapter 37. Economics for the 21st Century.

Notes.

Index.

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