Classical Economic Principles and the Wealth of Nations : Book 1: Classical Principles

Robert Genetski's contributions in the world of economics and finance range from serving as Chief Economist for a major Midwest Bank to teaching at NYU and the prestigious University of Chicago's Graduate School of Business. In between, he has managed to be crowned a top-five speaker in the field of Economics and Finance, and is renowned for the simplicity with which he explains critical elements and classical principles of economics. After receiving his Ph.D in economics from New York University (NYU), Genetski worked in the banking industry and subsequently founded of his own economic and financial consulting service. He has served on the board of directors for several public companies and provides insights on his website www.classicalprinciples.com . In his free time, he has also managed to author several other books, notably A Nation of Millionaires, Taking the Voodoo Out of Economics, and Winning with Money. Having made a name for himself in the Who's Who in Finance and Industry, he also writes regularly for Japan's leading business newspaper, Nikkei Financial Daily. Dr. Genetski has been a longtime advocate of classical economic principles. Not unlike Adam Smith in The Wealth of Nations, he has used his knowledge of these principles to create economic forecasts, from correctly predicting stagnation in 1977, an economic revival in the 1980s and 1990s, to historically low interest rates in 2001. In early 2008 he warned of a financial collapse, six months before it occurred. The bottom line in all of these predictions is that the negative predictions correlate with a shift away from the implementation of the classical economic principles and vice versa. Ultimately, Dr. Robert Genetski's illustrious credentials make him the ideal fit to author Classical Economic Principles & the Wealth of Nations in an attempt to reiterate the economic formula that has catapulted the United States to the top for so many years.