FREEDOM
The economy affects everyone and everything.
So do the stories media experts, investment companies, and politicians tell about economics and the economy.
Some tell stories that appeal to those who believe freedom comes from having a smaller government.
Others tell stories aimed at those who believe freedom comes from having a big pile of money.
This is a bigger pile of money book that argues what we have is good, but it could be better.
It shows how a few simple facts can help investors, businesspeople, politicians, and individuals make better decisions whenever those decisions can be affected by what they are hearing or reading about economics and the economy.
No textbook economics for dummies.
No absurd counterintuitive explanations and predictions.
No false certainties pushing people and economies off cliffs.
No pictures.
No charts.
No equations.
Just a real look at the real world even a child can see is true.
It doesn't matter if you are a Republican, a Democrat, or an independent, the Federal Reserve does what it does, money is created the way money is created, interest rates are controlled in explainable and predictable ways, no one in Washington or anywhere else prints money and gives it to people to spend, smart trade deals saved Harley Davidson and the US auto industry years ago, bad trade deals can hurt economic growth, trickle down economics shifts wealth from the middle class to the very rich, there is no evidence to support the claim that supply side tax cuts create jobs, hyperinflation in the United States is a fairy tale, price gouging is real, and all that is just the beginning of what you should know to not be taken in by media experts, companies, and politicians who use scary stories to get your attention, your money, or your vote.
DENNIS F. PAULAHA
In the real world, Dr. Paulaha wrote economic-investment newsletters and was vice president of research for a national brokerage company.
Prior to that, as a college and university professor, he taught microeconomic and macroeconomic theory at the principles, intermediate, advanced, and graduate level, monetary theory and policy, environmental economics, and special issues courses.
He has B.S. and M.A. degrees in economics from the University of Minnesota and a Ph.D. in economics from the University of Washington.
