Striding explores the modernization process by outlining the economics of agriculture, growth theories of economic development, and problems with growth.During the last century, policy makers and the public acquired a considerable interest in economics. As a result, this heightened awareness enhanced the well-being of society. In 1969, the Nobel Foundation initiated the new prize category of economic sciences and started awarding the prize annually. At the forefront of their field, prize winners have introduced many innovative ideas. Moreover, an evaluation of their ideas reveals valuable nuggets to enrich the professional lives of non-economists. Drawing on publications written by the Laureates, Striding with Economic Giants presents the essence of their thoughts in easy-to-understand concepts for the business and academic communities. This book is perfect for business executives, public policy makers, and economics students. It describes logic and experimental frameworks in mathematics, econometrics, behavior modeling, and game theory. Next, Striding presents microeconomic contributions, including production theory, theory of institutions, fundamental ideas of markets, and consumerism. Then, it reviews financial theory in capital markets, portfolio choice, and asset pricing. The book spotlights contributions to the rule of law, public administration, and political science. It also highlights a growing understanding of human capital by tracing demographic trends and describing health, education, minority, and labor economics. Enhancements to macroeconomic theory are featured in economic mechanisms and cycles, managing the economy, and policy making. Striding explores the modernization process by outlining the economics of agriculture, growth theories of economic development, and problems with growth. It illustrates contributions to international economics in trade, finance, and global public policy. Finally, the book showcases contributions to social justice in social equality, income redistribution, and climate change.
David Simpson received a Bachelor of Arts in Economics from Bethany College and a Master of Business Administration degree from Arizona State University. He is a Chartered Financial Analyst. He is the sole principal and founder of Simpson Capital Management, an independent registered investment adviser. He was an instructor at UCLA.
David consolidates all the best economic thinkers of the last 100 years and their major contributions into a single book. The historical knowledge summarized in a few hundred pages is a masterpiece. This should be required reading for college economics courses or anyone wanting to gain a broad economics background.--Milt Best, CFA, Partner, Pathway Capital, Irvine, CA Simpson has done a Herculean job of summarizing virtually all of economics in one concise book. He explains how economists make decisions and why they often disagree. He then goes on to summarize leading views on various topics from inflation and the stock markets, to climate change and social justice. This book is a good place to whet your appetite for learning economics.--Wilfrid W. Csaplar Jr., PhD, Emeritus Professor of Economics, Bethany College, Bethany, WV Synergizing the conflicting views of the most brilliant minds of economics into an easy to understand digest is what Simpson has wonderfully achieved. Starting with the building blocks, including terms, tools, and constructive reasoning, Simpson weaves the simple concept of how bread prices are set, into a full educational array of economics from finance to government and human capital to social justice. A talented read of how the world of economics has evolved!--Jerry Slusiewicz, President, Pacific Financial Planners, Former Mayor, City of Laguna Niguel, Laguna Niguel, CA
