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Big Picture Economics : How to Navigate the New Global Economy

By: Naroff, Joel.
Contributor(s): Scherer, Ron.
Material type: TextTextSeries: eBooks on Demand.Publisher: Hoboken : Wiley, 2014Description: 1 online resource (254 p.).ISBN: 9781118418093.Subject(s): Business | Economic development | Economic forecasting | EconomicsGenre/Form: Electronic books.Additional physical formats: Print version:: Big Picture Economics : How to Navigate the New Global EconomyDDC classification: 338.2789 LOC classification: HC462.9 .N384 2014Online resources: Click here to view this ebook.
Contents:
Big Picture Economics: How to Navigate the New Global Economy; Copyright; Contents; Preface; Acknowledgments; Chapter 1: Introduction to the Economics of Context; Adapting to the Economy-View from the Cab of a Truck; Bottom of the Recession; What the Business Cycle Meant to the Business; The Service Sector-The Enchilada Stops Here; The Cash Register Stops Singing; Celebrate for 15 Minutes; What Does Economics Teach Us about Context?; Economic Theory and Fiscal and Monetary Policy; Notes; Chapter 2: The Federal Reserve, Congress, and the Use of Context in Economic Policy
Public Policy Spreads a Wide RippleThe View from the Hill; Why the Economic Forecast Matters; Economic Assumptions Matter: The Rosy Scenario; Does One Policy Fit All?; A Bank Loaded with Economists; The Importance of the Beige Book; From Beige to Blue and Green; Fed Policy; From Bubbles to Fed Meetings; The Fed Goofs; Notes; Chapter 3: We Are All Economists and Don't Know It; Context Tells Us What We Can Afford; Frugal in Arizona; The Economy Gets Worse; Public Officials as Economic Forecasters; A Mayor as Economist; Tampa's Faulty Economic Model; Changing the Economic DNA
How an Educator Put on an Economist's HatA Fiscal Grand Canyon; Crow Solutions; The Business Owner as Economist; Greg Parker: From Fast Food to Economics; Convenience Store Economics; Things Are Bad, So Expand; Notes; Chapter 4: How a Perfect World Would Work; How We Got Here; Building the U.S. Economy: A Journey through Time; The Very Beginning: Hunting, Fishing, and Doing Your Own Thing; Evolution Phase 1: Specialization; Government: Benevolent Dictators and Other Fun Ways to Distribute Goods; We Are Not Alone!; Barter Can Only Get You So Far; Money Makes the World Go 'Round
Money Is Not Enough (Don't We Know That!)The Banking System Made Simple; Big Brother Is Watching Over Us; The World Is Our Oyster; Chapter 5: Shopper Nation: Why We Buy or Don't Buy; What Causes the Itch to Spend?; Seniors Get the Jobs but the Pay Leaves Many Cold; "Charg-It"; Why Debt Is Good-or Bad; The Rich Worry, Too; Economic Theory of Wealth; Feeling Good? Buy a Car; Notes; Chapter 6: How Is a Can of Tuna Like a Smartphone? Yes, Context!; A Company Decides to Build Chips; The Urge to Merge Depends on Context; The Corporate Tax Conundrum
Corporations Are People, Too, and They React AccordinglyTo Regulate or Not Regulate, That Is the Question!; Notes; Chapter 7: When to Spend, When to Cut, and When to Scratch Your Head Over the Federal Budget; Impact of Health Care on the Budget; Doubts from a Doctor; What If Lower Health Care Spending Continues?; How the Budget Interacts with the Economy; It's Not the Deficit but the Interest That Matters; Notes; Chapter 8: Tax Policy: Does Cutting Taxes Cure All Ills?; There Is No Such Thing as a Free Tax Cut; How Much Do Americans Make and What Are They Taxed?
While the Distribution of Income Is Good or Inevitable, It Still Matters When It Comes to Tax Policy
Summary: Navigate the economy with this insightful new book The world is awash with economic information. Governments release reports. Pundits give their interpretation on television. And the stock market may go its own way, confusing everyone. How can you better understand what it means for you? Big Picture Economics, a new book by award-winning columnist and futurist Joel Naroff and veteran journalist Ron Scherer, says the thread that ties everything together is ""context."" The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them
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HC462.9 .N384 2014 (Browse shelf) http://uttyler.eblib.com/patron/FullRecord.aspx?p=1658803 Available EBL1658803

Big Picture Economics: How to Navigate the New Global Economy; Copyright; Contents; Preface; Acknowledgments; Chapter 1: Introduction to the Economics of Context; Adapting to the Economy-View from the Cab of a Truck; Bottom of the Recession; What the Business Cycle Meant to the Business; The Service Sector-The Enchilada Stops Here; The Cash Register Stops Singing; Celebrate for 15 Minutes; What Does Economics Teach Us about Context?; Economic Theory and Fiscal and Monetary Policy; Notes; Chapter 2: The Federal Reserve, Congress, and the Use of Context in Economic Policy

Public Policy Spreads a Wide RippleThe View from the Hill; Why the Economic Forecast Matters; Economic Assumptions Matter: The Rosy Scenario; Does One Policy Fit All?; A Bank Loaded with Economists; The Importance of the Beige Book; From Beige to Blue and Green; Fed Policy; From Bubbles to Fed Meetings; The Fed Goofs; Notes; Chapter 3: We Are All Economists and Don't Know It; Context Tells Us What We Can Afford; Frugal in Arizona; The Economy Gets Worse; Public Officials as Economic Forecasters; A Mayor as Economist; Tampa's Faulty Economic Model; Changing the Economic DNA

How an Educator Put on an Economist's HatA Fiscal Grand Canyon; Crow Solutions; The Business Owner as Economist; Greg Parker: From Fast Food to Economics; Convenience Store Economics; Things Are Bad, So Expand; Notes; Chapter 4: How a Perfect World Would Work; How We Got Here; Building the U.S. Economy: A Journey through Time; The Very Beginning: Hunting, Fishing, and Doing Your Own Thing; Evolution Phase 1: Specialization; Government: Benevolent Dictators and Other Fun Ways to Distribute Goods; We Are Not Alone!; Barter Can Only Get You So Far; Money Makes the World Go 'Round

Money Is Not Enough (Don't We Know That!)The Banking System Made Simple; Big Brother Is Watching Over Us; The World Is Our Oyster; Chapter 5: Shopper Nation: Why We Buy or Don't Buy; What Causes the Itch to Spend?; Seniors Get the Jobs but the Pay Leaves Many Cold; "Charg-It"; Why Debt Is Good-or Bad; The Rich Worry, Too; Economic Theory of Wealth; Feeling Good? Buy a Car; Notes; Chapter 6: How Is a Can of Tuna Like a Smartphone? Yes, Context!; A Company Decides to Build Chips; The Urge to Merge Depends on Context; The Corporate Tax Conundrum

Corporations Are People, Too, and They React AccordinglyTo Regulate or Not Regulate, That Is the Question!; Notes; Chapter 7: When to Spend, When to Cut, and When to Scratch Your Head Over the Federal Budget; Impact of Health Care on the Budget; Doubts from a Doctor; What If Lower Health Care Spending Continues?; How the Budget Interacts with the Economy; It's Not the Deficit but the Interest That Matters; Notes; Chapter 8: Tax Policy: Does Cutting Taxes Cure All Ills?; There Is No Such Thing as a Free Tax Cut; How Much Do Americans Make and What Are They Taxed?

While the Distribution of Income Is Good or Inevitable, It Still Matters When It Comes to Tax Policy

Navigate the economy with this insightful new book The world is awash with economic information. Governments release reports. Pundits give their interpretation on television. And the stock market may go its own way, confusing everyone. How can you better understand what it means for you? Big Picture Economics, a new book by award-winning columnist and futurist Joel Naroff and veteran journalist Ron Scherer, says the thread that ties everything together is ""context."" The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them

Description based upon print version of record.

Author notes provided by Syndetics

<p> JOEL L. NAROFF is a nationally recognized expert and recipient of the Lawrence Klein Award for Blue Chip forecasting excellence and the National Association of Business Economists Outlook Award. Named the Bloomberg Business News 2008 top economic forecaster, Naroff was also named top economic forecaster by MSNBC in 2006. Data compiled by Bloomberg shows Naroff as the top forecaster of the U.S. economy during a period that included the start of the global credit crisis.</p> <p> RON SCHERER is a veteran journalist who has worked for UPI, U.S. News & World Report , and for The Christian Science Monitor , a prize-winning publication. In his 37 years at the Monitor , he covered Wall Street, economic policy during the Reagan administration, and many of the important news and economic events of the day.</p>

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