As middle-class incomes stagnate in advanced economies while the rich experience record income gains, the eleventh semi-annual Munk Debate pits wealth redistribution supporters Paul Krugman and George Papandreou against Newt Gingrich and Arthur Laffer to debate taxation — should the rich pay more?
For some the answer is obvious: redistribute the wealth of the top income earners who have enjoyed, for almost a generation, the lion’s share of all income gains. Imposing higher ...

Risk does not equal rewardThis is the proprietary thesis of Dollarlogic and what separates Martin's message from the rest of the "buy, buy, buy!" investment industry. Risk does not equal reward in relationships, behind the wheel of a car, or in any other aspect of life, so why should it in the highly varied and sophisticated world of investing?In Dollarlogic, Wall Street veteran Andy Martin explains what risk really is, why stocks are actually less risky than bonds, and why predicting your...

The world is changing and has never been more challenging to private equity players, public companies, and investors. With record market volatility and a global economic crisis, decision makers of all types can learn from successful private equity players and other top value builders.Private equity is growing at a rapid rate, with $2.7 trillion in transactions since 2001 and buyouts occurring in every type of market, including declining ones. And now, with the end of investment ban...

EconoPower will provide you with a firm understanding of the influence of modern economics and how it can be used to improve the world we live in. It offers practical advice on numerous personal financial matters—earning, saving, investing, and retiring—based on the breakthrough contributions of behavioral economists. And it looks at how economists are working successfully on issues such as public education, crime, and global warming. EconoPower also examines how a new ec...

A passionate, detailed, quantified argument for state-level tax reformAn Inquiry into the Nature and Causes of the Wealth of States explains why eliminating or lowering tax burdens at the state level leads to economic growth and wealth creation. A passionate argument for tax reform, the book shows that even states with small populations can benefit enormously with the right policies. The authors’ detailed exposition evaluates the impact state and local gov...

An insightful examination of the skills needed to be a proactive investor and find diverse investment opportunities in the emerging economyThere is no little league on Wall Street and no white belts. Here or abroad, you are put in immediately with the black belts – the best and the brightest. Think like an amateur and they will eat your lunch in China or in the U.S. Attempting to invest overseas like a robot and following the leader will produce results just as bad as investing tha...

Frishberg believes that too many investors have followed the so-called pundits and experts believing they could predict the next great trend. Only all too many investors have lost so much money that they're now unwilling to believe any advice about the stock market. That's a foolhardy approach, says Frishberg. There are opportunities available for everyone, as long as they're willing not to follow what everyone else is doing and look beyond the United States. Looking beyond the stock marke...

Jim Cramer, bestselling author and host of CNBC’s Mad Money, has written the ultimate guide to lifetime investing for readers of any age.Whether you’re a recent college grad trying to figure out how to start investing, a young parent struggling to decide where and how to put away money, or someone well into middle age and worried about whether you’ve saved enough for retirement, Jim Cramer’s Stay Mad for Life has the answers. Cramer covers all the...

The current economic crisis reveals just how central finance has become to American life. Problems with obscure securities created on Wall Street radiated outward to threaten the retirement security of pensioners in Florida and Arizona, the homes and college savings of families in Detroit and Southern California, and ultimately the global economy itself. The American government took on vast new debt to bail out the financial system, while the government-owned investment funds of Kuwait, Ab...

Using recent polling results, this book identifies the core economic components of the American Dream: standard of living, financial security, and upward mobility. The authors document the trend in each of these components over the last thirty years, using figures (trend lines and bar charts) based upon the best available data. Collectively, this evidence has alarming implications for the economic fate of those at the bottom of the nation's income distribution. For that group, as the autho...

Wisdom on Value Investing offers author Gabriel Wisdom's insights on succeeding in difficult markets. One of his favorite approaches-which is part classic value investing and part behavioral finance-is called "The Fallen Angels Investment Strategy," and it prepares investors to look past short-term value assumptions in order to capture profits. Throughout this book, Wisdom will show you how to capitalize on value plays where the fundamentals are actually strong, but the "general w...