Parks cuts through the insider jargon to offer a clear understanding--using plain English and simple arithmetic--of how economic trends develop both globally and domestically.
In this candid, sobering assessment of the country's current fiscal maladies, economist Parks explains why he predicts capitalism is now rushing to its demise.
At last, a book that explains economic and investment theory and practice in plain English using simple arithmetic! With a quarter-century of experience as a top Wall Street economist, Robert H. Parks confronts financial gurus who promise wealth without risk, government officials whose statements and actions produce violent swings in financial markets, and Nobel laureates who develop "Alice in Wonderland" models resting on risk-free returns. H...