Why read a book based on economics by an unknown author? Because unlike the scholarly and often brilliant writings of Smith, Friedman, Sowell, Hayek, von Mises, Laffer, and many other well-known, formally-trained economists, this book puts us, you and me, squarely into the picture, helps us to understand America’s financial problems, and gives us the tools to be a part of the solutions. You read that last part right; this work offers a prescription for you and me to begin work, immediately, on our problems rather than simply to wait and hope that our governments will "get it." As a bonus, there are quotes from and references to the above sages and many others throughout the book.


It is no secret that the United States of America faces economic challenges which threaten to change our way of life forever. Unless we confront these challenges soon, declines in prosperity, already acutely evident, will be measured in a permanent drop in our standard of living. Our status as a debtor nation will directly affect any claim to world leadership. We can expect a rise in inter-generational conflict, as the working young are less able to support the increasing numbers of non-working old. Resentment will continue to rise as private-sector workers revolt against unsustainable public-sector defined-benefit health and retirement plans. Public-sector discretionary spending will continue to fall as private-sector workers are increasingly unable to bear the burden; this will continue to damage public education and the state and local services which many of us no longer take for granted.

Our situation is serious, but not hopeless. To reverse the decline, we will need to make changes. This book is intended to show that these changes are feasible, that they begin at a personal level and that, based on proven economic principles, may be extended to the governments of our cities, states, and country. More specifically, I will lay out the following approach: 1) reverse the decline in our national prosperity by increasing our individual prosperity; 2) increase our individual prosperity by investing in our personal equities; 3) set goals to protect our personal equities thereby increasing individual and national prosperity; and 4) meet those goals by following strategies in harmony with economic principles and axioms.

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