Economics Gone Astray

Economics Gone Astray is a collection of essays on critical topics in macroeconomics that frame the issues in terms of clearly stated assumptions, highlighting the errors often made by professional economists, and allowing readers to better analyze market behavior and the economic consequences of policy decisions.

The book differs from textbook economics, as it tackles sophisticated topics without using mathematics or technical jargon. This makes the book highly accessible to all types of readers, from investors and investment professionals, to professors and their students.

The book's style integrates a large quantity of clearly drawn charts which help anchor the readers' perceptions of the topics being examined, from inflation to taxes, to demographics.
Contents:Inflation: Why So Low for So LongDebt: Dangers of ExcessTaxes and Growth: Why Tax Cuts do not Necessarily Stimulate Economic GrowthYield Curve: Predicting RecessionsDemographics: Appreciating Economic Growth PotentialWages and Productivity: Structural Changes are Crucial to UnderstandBitcoin EconomicsMarket Regulation: Origins and Cultural PerspectivesVolatility and UncertaintyMachine Learning: Challenges for Financial Market Predictive Analytics Suggest a Bayesian SolutionPortfolio Optimization: Revolutionizing Risk Assessment SystemsBeyond Implied Volatility: Estimating Robust Risk-Return Probability DistributionsDeath by SimulationQuantitative Easing: Evaluating QE's ImpactFinancial Crisis: Lessons from Different Management ApproachesTaylor Rule: A Bayesian Interpretation of the Federal Reserve's Dual Mandate
Readership: Investors and Investment Management professionals, Financial Risk managers, and students.Economics;Macroeconomics;Monetary Policy;Fiscal Policy;Inflation;Risk Management;Federal Reserve;Quantitative Easing;Taylor Rule0Key Features:Economics Gone Astray is a collection of essays on critical topics in macroeconomics that frame the issues in terms of clearly stated assumptions, highlighting the errors often made by professional economists, and allowing readers to better analyze market behavior and the economic consequences of policy decisionsThe book differs from textbook economics, as tackles sophisticated topics without using mathematics or technical jargon. This makes the book highly accessible to all types of readers, from investors and investment professionals, to professors and their studentsThe book's style integrates a large quantity of clearly drawn charts which help anchor the readers' perceptions of the topics being examined, from inflation to taxes, to demographics