The New Austrian View of Your World: The Economy is Not a

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The New Austrian View of Your World: The Economy is Not a Machine: Battle of the Paradigms (The Great Monetary Calamity Series Book 4)

â€œItâ€™s one of the few newsletters I read and the only one I pay for.â€ â€” David Galland, Founder, Everbank

In â€œThe Battle of the Paradigmsâ€ Richard Maybury asks the question, â€œIf you use the same economic model for controlling your finances as the government uses for controlling the economy, itâ€™s reasonable to expect your finances to end up in the same condition as the economy. Do you want that?â€

Whether he knows it or not, an investor is making assumptions about the kind of economic environment in which his investments are operating.

The farther a financial plan looks ahead, the more economic forecasting it necessarily has built into it. Even the smallest, simplest bank savings account makes colossal economic assumptions.

This is why it is so important to understand the five economic models explained in â€œThe Battle of the Paradigms,â€ especially Keynesianism, which is the primary model used by the government and the financial industry.

Should you risk your money on the analysis and advice in currently popular books such as â€œUnintended Consequences,â€ by Edward Conrad, â€œThinking Fast and Slow,â€ by Daniel Kahneman, â€œPrice of Inequality,â€ by Joseph E. Stiglitz, â€œEnd this Depression Now,â€ by Paul Krugman â€œThe Real Crash,â€ by Peter D. Schiff, â€œHow Excellent Companies Avoid Dumb Things,â€ by Neil Smith & Patricia Oâ€™Connell, â€œWinner Take All,â€ by Dambisa Moyo, â€œThe Signal and the Noise,â€ by Nate Silver, â€œThe Intelligent Investor,â€ by Benjamin Graham, â€œFreakonomics,â€ by Steven D. Levitt, â€œTotal Money Makeover,â€ by Dave Ramsey, â€œWhy Nations Fail,â€ by Daron Acemoglu, and â€œHow to Retire Happy, Wild, and Free,â€ by Ernie J. Zelinski?

Volume IV of The Great Monetary Calamity series pulls the curtain back and shows you how to find the best financial analysis and advice.

Included is the touchstone question to ask your financial advisor, and the answer you absolutely do NOT want to hear (and the one you do).

Richard Maybury is widely regarded as one of the top free-market writers in America. His articles have appeared in the Wall Street Journal, USA Today and other major publications.

Country	USA
Author	Richard J. Maybury
Binding	Kindle Edition
Format	Kindle eBook
IsAdultProduct
Label	Henry Madison Research, Inc.
Manufacturer	Henry Madison Research, Inc.
NumberOfPages	77
PublicationDate	2012-12-01
Publisher	Henry Madison Research, Inc.
ReleaseDate	2012-12-01
Studio	Henry Madison Research, Inc.

The New Austrian View of Your World: The Economy is Not a Machine: Battle of the Paradigms (The Great Monetary Calamity Series Book 4)

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