Discover Economic Brilliance: Join Nobel Laureates for Business and Policy Insights on Your Travels.
This newly published book provides practical examples and real-life case studies that help readers understand how economic ideas are used in everyday life.
Economics holds immense value for individuals outside technical expertise, yet its complexities often hinder understanding. The challenge lies in economists’ intricate language and mathematical nuances when communicating. As legendary economist John Maynard Keynes once observed, the key to widespread acceptance of economic ideas is to engage and convince the experts.
Our mission is to bridge the knowledge gap between the experts and the public. The book offers a clear and accessible pathway for non-technical individuals to grasp the profound insights of economics. Welcome to a space where economic wisdom becomes a shared treasure accessible to all.
“Simpson has done a Herculean job of summarizing virtually all of economics
in one concise book. He explains how economists make decisions and why
they often disagree. He then goes on to summarize leading views on various
topics from inflation and the stock markets, to climate change and social
justice. This book is a good place to whet your appetite for learning economics.”
—Wilfrid W. Csaplar Jr., PhD, Emeritus Professor of Economics,
Bethany College, Bethany, WV
The Nobel Prize in Economic Sciences
The journey to the prestigious Prize in Economic Sciences begins with the unique selection process orchestrated by the Royal Swedish Academy. Established by the Central Bank of Sweden in 1968, the award follows the same principles and procedures as the other Nobel Prizes. The Economics Prize Committee, comprised of five elected members, invites nominations each September from scientists, academicians, and professors worldwide. The nominations, typically ranging from 200 to 300 annually, undergo a thorough review by the committee and external experts, often from various countries. The selection criteria encompass originality, scientific importance, and impact on the field. While the academy embraces a broad interpretation of economic sciences, focusing on macroeconomics and microeconomics theory, it also recognizes interdisciplinary contributions. The committee, aiming for a pluralistic outlook, emphasizes the multidimensional nature of economic analysis. Notably, the sequence of awarded prizes reflects the historical evolution of economic analysis over the last century, with the United States playing a dominant role.
Meet the Author
Visit our Author page for more information.
David Simpson , CFA
CEO-Simpson Capital Management
FAQs
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