{"product_id":"econopower-isbn-9781119091868","title":"EconoPower","description":"\u003ci\u003eEconoPower\u003c\/i\u003e will provide you with a firm understanding of the influence of modern economics and how it can be used to improve the world we live in. It offers practical advice on numerous personal financial matters—earning, saving, investing, and retiring—based on the breakthrough contributions of behavioral economists. And it looks at how economists are working successfully on issues such as public education, crime, and global warming. \u003ci\u003eEconoPower\u003c\/i\u003e also examines how a new economic philosophy may dominate the new millennium. \u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eIntroduction: A Golden Age of Discovery 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One: Personal Finance: Earning, Saving, Investing, and Retiring 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1: Economist Discovers a Painless Way to Triple Your Savings Rate: The $90 Billion Opportunity 17\u003c\/p\u003e \u003cp\u003eChapter 2: Modern Portfolio Theory: Can You Beat the Market? 25\u003c\/p\u003e \u003cp\u003eChapter 3: Yes, You Can Beat the Market . . . with Less Risk 31\u003c\/p\u003e \u003cp\u003eChapter 4: High-Return Investing: Lessons from Yale's Endowment Fund 41\u003c\/p\u003e \u003cp\u003eChapter 5: How Chile Created a Worker-Capitalist Revolution 47\u003c\/p\u003e \u003cp\u003eChapter 6: The Call for Social Security Reform 53\u003c\/p\u003e \u003cp\u003eChapter 7: $4,000 a Month from Social Security? 57\u003c\/p\u003e \u003cp\u003eChapter 8: How the Private Sector Solved Its Own Pension Crisis 61\u003c\/p\u003e \u003cp\u003eChapter 9: The Four Sources of Happiness: Is Money One of Them? 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two: Economists Enter the Corporate Boardroom 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 10: Improving the Bottom Line with EVA 71\u003c\/p\u003e \u003cp\u003eChapter 11: How Ludwig von Mises Helped Create the World’s Largest Private Company 75\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three: Solving Domestic Problems 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 12: Look, Ma’am, No Traffi c Jams! 83\u003c\/p\u003e \u003cp\u003eChapter 13: Patient Power: The New Consumer-Driven Medical Plan 93\u003c\/p\u003e \u003cp\u003eChapter 14: Back to Basics: Competition Enters the Classroom 103\u003c\/p\u003e \u003cp\u003eChapter 15: Chicago Gun Show 107\u003c\/p\u003e \u003cp\u003eChapter 16: Economists Catch Auction Fever 113\u003c\/p\u003e \u003cp\u003eChapter 17: If You Built It Privately . . . They Will Come: The Economics of Sports Stadiums 125\u003c\/p\u003e \u003cp\u003eChapter 18: Who Is Henry Spearman? Economics of the Mystery Novel 131\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four: Solving International Problems 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 19: Eco-nomics Debate: Angry Planet or Beautiful World? 137\u003c\/p\u003e \u003cp\u003eChapter 20: The Population Bomb: Economists Enter the Malthusian Debate 143\u003c\/p\u003e \u003cp\u003eChapter 21: A Private-Sector Solution to Extreme Poverty 147\u003c\/p\u003e \u003cp\u003eChapter 22: Poverty and Wealth: India versus Hong Kong 153\u003c\/p\u003e \u003cp\u003eChapter 23: How Real Is the Asian Economic Miracle? 157\u003c\/p\u003e \u003cp\u003eChapter 24: Whatever Happened to the Egyptians? 163\u003c\/p\u003e \u003cp\u003eChapter 25: The Irish Economic Miracle: Can We Grow Faster? 167\u003c\/p\u003e \u003cp\u003eChapter 26: The Marginal Tax Revolution: The Laffer Curve Goes Global 171\u003c\/p\u003e \u003cp\u003eChapter 27: The Debate over Economic Inequality: The Rich Get Richer, and the Poor Get . . . 177\u003c\/p\u003e \u003cp\u003eChapter 28: One Graph Says It All: The Development of the Economic Freedom Index 185\u003c\/p\u003e \u003cp\u003eChapter 29: Amazing Graph: Economists Enter Sacred Ground 197\u003c\/p\u003e \u003cp\u003eChapter 30: Peace on Earth, Good Will toward Men: The Case for Religious Competition 201\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five: Predicting the Future 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 31: New Yale Forecasting Model: Has the Irving Fisher Curse Been Lifted? 207\u003c\/p\u003e \u003cp\u003eChapter 32: Forecasting Elections: Economists Do It Better! 213\u003c\/p\u003e \u003cp\u003eChapter 33: What Drives the Economy and Stocks: Consumer Spending or Business Investment? 217\u003c\/p\u003e \u003cp\u003eChapter 34: The Midas Metal: A Golden Comeback 225\u003c\/p\u003e \u003cp\u003eChapter 35: Is Another Great Depression Possible? 233\u003c\/p\u003e \u003cp\u003eChapter 36: Today’s Most Influential Economist? 239\u003c\/p\u003e \u003cp\u003eChapter 37: Economics for the 21st Century 243\u003c\/p\u003e \u003cp\u003eNotes 247\u003c\/p\u003e \u003cp\u003eAbout the Author 265\u003c\/p\u003e \u003cp\u003eIndex 267\u003c\/p\u003e \u003cp\u003e\"... offers practical advice on personal finance matters, earning, saving, investing and retiring, based on the breakthrough contributions of behavioural economics.\" (\u003ci\u003ePensions World,\u003c\/i\u003e July 2008)\u003c\/p\u003e \u003cp\u003e\"... you can pick up nuggets of insight into behavioural economics, game theory, the flat tax debate, auction theory (particularly good)....\" (\u003ci\u003eFinancial World,\u003c\/i\u003e June 2008)\u003c\/p\u003e \u003cp\u003e\"... check out Mark Skousen's \u003ci\u003eEconoPower\u003c\/i\u003e.... The book shows how economics has come to influence every aspect of our life.\" (\u003ci\u003eSunday Times Ireland Edition,\u003c\/i\u003e December 18th 2008)\u003c\/p\u003e \u003cp\u003e\u003cb\u003eMark Skousen\u003c\/b\u003e 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 \u0026amp; Strategies, a popular award-winning investment newsletter (www.markskousen.com). He is also Editor of \u003ci\u003eThe Worldly Philosophers Club\u003c\/i\u003e, a weekly e-letter (www.worldlyphilosophers.com). Skousen is a former analyst for the CIA, a columnist for \u003ci\u003eForbes\u003c\/i\u003e magazine, and past president of the Foundation for Economic Education (FEE) in New York. He earned his PhD in economics from George Washington University.\u003c\/p\u003e   \u003cp\u003e\u003cb\u003ePRAISE FOR ECONOPOWER\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"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. We've used some of these techniques at Whole Foods, and they work. Read this book and discover a new brand of economics!\"\u003cbr\u003e \u003cb\u003e— JOHN MACKEY, CEO, Whole Foods Market\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Mark Skousen is an able, imaginative, and energetic economist.\"\u003cbr\u003e \u003cb\u003e— MILTON FRIEDMAN, Nobel laureate in economics\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"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.\"\u003cbr\u003e \u003cb\u003e— DIANE COYLE, author of \u003ci\u003eThe Soulful Science: What Economists Really Do and Why It Matters\u003c\/i\u003e\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"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.\"\u003cbr\u003e \u003cb\u003e— LARRY KUDLOW, CNBC's \u003ci\u003eKudlow \u0026amp; Company\u003c\/i\u003e\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"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.\"\u003cbr\u003e \u003cb\u003e— ARTHUR B. LAFFER, President, Laffer Associates\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989102936293,"sku":"NP9781119091868","price":24.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119091868.jpg?v=1761782807","url":"https:\/\/k12savings.com\/es\/products\/econopower-isbn-9781119091868","provider":"K12savings","version":"1.0","type":"link"}