Student Turns Professor
A Pragmatist's Essays on Topics in Economics & Finance
by
Book Details
About the Book
The book is a collection of nine papers on disparate topics in finance and economics. Topics range from the development of a supply and demand model for common stocks to the centuries old conflict between mercantilism and liberal trade regimes. One essay goes to great length in critiquing the conventional notion that inflation solely derives from monetary policy using the past 30 years as an illustrative example. Throughout the text, the author continually attempts to merge the world of finance with that of economics, while coupling both with historical experience. The author additionally brings his own long-standing practical experience in the financial markets to point out where academic wisdom doesn't quite mesh with market realities. The collective contents, in conjunction with other work, resulted in the author being elected to Beta Gamma Sigma: the business school equivalent of Phi Beta Kappa. Since the author is first and foremost a pragmatic investor, his perspective on financial and economic theory is generally focused on their practical application which was the genesis behind the approach taken in writing this book's contents.
About the Author
The author joined Dean Witter & Co in April 1974 as a stockbroker. Subsequently he worked for several other firms before retireing in 1994 after being a general securities principle. Graduating from the University of Rochester, he has both an AB & MA in Economics, plus his MBA in two fields.