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Investing in the New Normal - Beyond the Keynesian Endpoint (Paperback)
Loot Price: R405
Discovery Miles 4 050
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Investing in the New Normal - Beyond the Keynesian Endpoint (Paperback)
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Loot Price R405
Discovery Miles 4 050
Expected to ship within 10 - 15 working days
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It is easy to be a liberal or a conservative. One's daily life does
not change much one way or the other. In modern democracies,
political philosophy often seems to be more of a fashion item than
a practical matter. How much do one's views affect one's routine?
But when it comes to investing, world-view suddenly becomes
crucial. How one appraises capitalism, socialism, and democracy
affects the way one views the future, how one views opportunity,
how one decides to apply the "mammon of unrighteousness" he or she
has been fortunate enough to accumulate.Unfortunately, political
philosophy and economic doctrine, whether of the right or of the
left, leave one in the lurch precisely at the point where it is
needed: in determining how to invest. The Left's dedication to
government spending seems to dictate apathy on the part of the
investor - Keynes's "euthanasia of the rentier" - while the Right's
incessant doomsaying seems to dictate abdication from productive
investment, the flight to gold and guns, the ultimate retreat:
behind the walls of a fortress.Investing in the New Normal provides
an alternative vision. Building upon foundational, indeed
groundbreaking, economic theory, it offers a view of the world
based on hard facts and reality on the ground, rather than the
simplified versions proffered by ideological agendas. The
real-world functioning of assets, credit, money, and banking are
brought to bear, rather than scare stories intended to frighten one
into various forms of political action. For, truth be told, even
today economic opportunities abound. It is just a matter of
refocusing. One needs to see the world as it is, not as this or
that theory says it is. Investing in the New Normal enables one to
do that. The benefit of this is to see more clearly which of the
myriad alternatives out there actually makes sense. Investment
strategy then becomes an affair of settled conviction rather than
unsettled emotion.So, if you're tired of the doomsaying and the
lack of vision regarding investment alternatives - if you simply
don't know which way to go in this "New Normal" marketplace - then
consider Investing in the New Normal. It will pay handsomely for
you to do so - literally and figuratively.
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