The Myth of Millionaire Tax Flight

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Publisher :
ISBN 13 : 9781503601147
Total Pages : 144 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis The Myth of Millionaire Tax Flight by : Cristobal Young

Download or read book The Myth of Millionaire Tax Flight written by Cristobal Young and published by . This book was released on 2018 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this age of globalization, many countries and U.S. states are worried about the tax flight of the rich. As income inequality grows and U.S. states consider raising taxes on their wealthiest residents, there is a palpable concern that these high rollers will board their private jets and fly away, taking their wealth with them. Many assume that the importance of location to a person's success is at an all-time low. Cristobal Young, however, makes the surprising argument that location is very important to the world's richest people. Frequently, he says, place has a great deal to do with how they make their millions. In The Myth of Millionaire Tax Flight, Young examines a trove of data on millionaires and billionaires--confidential tax returns, Forbes lists, and census records--and distills down surprising insights. While economic elites have the resources and capacity to flee high-tax places, their actual migration is surprisingly limited. For the rich, ongoing economic potential is tied to the place where they become successful--often where they are powerful insiders--and that success ultimately diminishes both the incentive and desire to migrate. This important book debunks a powerful idea that has driven fiscal policy for years, and in doing so it clears the way for a new era. Millionaire taxes, Young argues, could give states the funds to pay for infrastructure, education, and other social programs to attract a group of people who are much more mobile--the younger generation.

The Millionaire Next Door

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Publisher : Rosetta Books
ISBN 13 : 0795314868
Total Pages : 307 pages
Book Rating : 4.7/5 (953 download)

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Book Synopsis The Millionaire Next Door by : Thomas J. Stanley

Download or read book The Millionaire Next Door written by Thomas J. Stanley and published by Rosetta Books. This book was released on 2010-11-30 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do the rich get rich? An updated edition of the “remarkable” New York Times bestseller, based on two decades of research (The Washington Post). Most of the truly wealthy in the United States don’t live in Beverly Hills or on Park Avenue. They live next door. America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority. At the time of its first publication, The Millionaire Next Door was a groundbreaking examination of America’s rich—exposing for the first time the seven common qualities that appear over and over among this exclusive demographic. This edition includes a new foreword by Dr. Thomas J. Stanley—updating the original content in the context of the financial crash and the twenty-first century. “Their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture.” —Library Journal

Taxation and Migration

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9041161449
Total Pages : 242 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Taxation and Migration by : Reuven S. Avi-Yonah

Download or read book Taxation and Migration written by Reuven S. Avi-Yonah and published by Kluwer Law International B.V.. This book was released on 2015-08-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migration has become an increasingly important phenomenon for societies, especially given its highly controversial political dimension. The complexity of the migrant integration process and its many varieties present challenges to policymakers who need high-quality information on which to base decisions. Nowhere is this necessity more pressing than in the development of relevant tax rules that meet the basic requirements of efficiency and equity. Moreover, the ascent of the so-called emerging economies coupled with the stagnation of the richest economies of the world implies reform of the current competition-based international tax regime and the adoption of a more cooperative paradigm. This important and timely book, for the first time in such depth, explores such aspects of the problem as the following: - migration for tax reasons, especially corporate "inversions" (change in corporate residence for tax purposes); - tax consequences related to individuals who receive free or subsidized education in one country and profit from it in another; - taxing cross-border retirement income; and - migration-related aspects of tax preferential treatment of the elderly. With particular emphasis on the effects and opportunities created by the changing international tax regime - and with attention to the role of tax treaties and recent court cases - chapters by well known tax experts present evidence on the consequences of migration in all its facets and simulate the effects of several recently enacted and proposed changes in tax law in European countries, the United States, and other jurisdictions. The grounded propositions and recommendations offered in this deeply informed book will allow policymakers to draft tax-residence rules that minimize distortion and promote fairness. The book will also be of interest to tax law practitioners and other tax specialists, migration experts, and academics investigating one of the crucial political issues of our time.

The Hidden Wealth of Nations

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Publisher : University of Chicago Press
ISBN 13 : 022624556X
Total Pages : 142 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Hidden Wealth of Nations by : Gabriel Zucman

Download or read book The Hidden Wealth of Nations written by Gabriel Zucman and published by University of Chicago Press. This book was released on 2015-09-22 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are well aware of the rise of the 1% as the rapid growth of economic inequality has put the majority of the world’s wealth in the pockets of fewer and fewer. One much-discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy. But with an enormous amount of the world’s wealth hidden in tax havens—in countries like Switzerland, Luxembourg, and the Cayman Islands—this wealth cannot be fully accounted for and taxed fairly. No one, from economists to bankers to politicians, has been able to quantify exactly how much of the world’s assets are currently hidden—until now. Gabriel Zucman is the first economist to offer reliable insight into the actual extent of the world’s money held in tax havens. And it’s staggering. In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%—there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman’s work has quickly become the gold standard for quantifying the amount of the world’s assets held in havens. In this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. If we are to find a way to solve the problem of increasing inequality, The Hidden Wealth of Nations is essential reading.

The Once and Future Worker

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Publisher : Encounter Books
ISBN 13 : 1641770155
Total Pages : 247 pages
Book Rating : 4.6/5 (417 download)

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Book Synopsis The Once and Future Worker by : Oren Cass

Download or read book The Once and Future Worker written by Oren Cass and published by Encounter Books. This book was released on 2018-11-13 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[Cass’s] core principle—a culture of respect for work of all kinds—can help close the gap dividing the two Americas....” – William A. Galston, The Brookings Institution The American worker is in crisis. Wages have stagnated for more than a generation. Reliance on welfare programs has surged. Life expectancy is falling as substance abuse and obesity rates climb. These woes are not the inevitable result of irresistible global and technological forces. They are the direct consequence of a decades-long economic consensus that prioritized increasing consumption—regardless of the costs to American workers, their families, and their communities. Donald Trump’s rise to the presidency focused attention on the depth of the nation’s challenges, yet while everyone agrees something must change, the Left’s insistence on still more government spending and the Right’s faith in still more economic growth are recipes for repeating the mistakes of the past. In this groundbreaking re-evaluation of American society, economics, and public policy, Oren Cass challenges our basic assumptions about what prosperity means and where it comes from to reveal how we lost our way. The good news is that we can still turn things around—if the nation’s proverbial elites are willing to put the American worker’s interests first. Which is more important, pristine air quality, or well-paying jobs that support families? Unfettered access to the cheapest labor in the world, or renewed investment in the employment of Americans? Smoothing the path through college for the best students, or ensuring that every student acquires the skills to succeed in the modern economy? Cutting taxes, expanding the safety net, or adding money to low-wage paychecks? The renewal of work in America demands new answers to these questions. If we reinforce their vital role, workers supporting strong families and communities can provide the foundation for a thriving, self-sufficient society that offers opportunity to all.

Feasting on the Spoils

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Publisher : St. Martin's Press
ISBN 13 : 1429917113
Total Pages : 288 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Feasting on the Spoils by : Seth Hettena

Download or read book Feasting on the Spoils written by Seth Hettena and published by St. Martin's Press. This book was released on 2007-07-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Randy "Duke" Cunningham was an ace fighter pilot and Top Gun instructor. He came back from battle as Vietnam's most famous pilot—a Navy hero in an unpopular war. In his political life, Cunningham was an eight-term United States representative who never lost an election. So how did this powerful politician, one of the Vietnam War's most highly decorated pilots, become the most corrupt congressman in U.S. history? In 2005, Cunningham shocked the nation by pleading guilty to charges of conspiracy to commit bribery, fraud, and tax evasion. A federal judge sentenced him to more than eight years in prison, the longest sentence handed down to a member of Congress in 40 years. And even as Cunningham was led, weeping, to prison, investigators continued to uncover a deep-rooted scandal, reaching the cozy nexus between Congress and lobbyists, military contractors, the Defense Department and the upper ranks of the Central Intelligence Agency. Cunningham's bribes were seemingly endless. They included a yacht, a Rolls-Royce, and hundreds of thousands of dollars' worth of antiques. Defense contractors flew him aboard private chartered jets to luxury destinations, picked up the tab at expensive restaurants, and paid for his daughter's graduation party. In total, he collected at least $2.4 million in five years, a series of acts unequaled in the long, sordid history of congressional corruption. An ongoing investigation is even exploring allegations that prostitutes were hired by Cunningham's associates to entertain the congressman. His corruption and that of his cohorts was a decisive factor in the 2006 elections, as Democrats retook control of the House for the first time in more than a decade. What led a man who showed such strength and resolve in battle to show such moral weakness later in life? Had he become a prisoner of greed or was he manipulated by others far more cunning than he? What happened to Randy Cunningham? In Feasting on the Spoils, Hettena offers a probing look at deception and avarice. He paints an unforgettable portrait of a life publicly unraveled, and of a man for whom the mysteries—and the history of fraud—only seem to deepen.

No Logo

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Publisher : Macmillan
ISBN 13 : 9780312203436
Total Pages : 520 pages
Book Rating : 4.2/5 (34 download)

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Book Synopsis No Logo by : Naomi Klein

Download or read book No Logo written by Naomi Klein and published by Macmillan. This book was released on 2000-01-15 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What corporations fear most are consumers who ask questions. Naomi Klein offers us the arguments with which to take on the superbrands." Billy Bragg from the bookjacket.

The Millionaire Mind

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Publisher : Rosetta Books
ISBN 13 : 0795314833
Total Pages : 321 pages
Book Rating : 4.7/5 (953 download)

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Book Synopsis The Millionaire Mind by : Thomas J. Stanley

Download or read book The Millionaire Mind written by Thomas J. Stanley and published by Rosetta Books. This book was released on 2010-12-03 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller that gives “readers with an entrepreneurial turn of mind . . . road maps on how millionaires found their niches” (USA Today). The author of the blockbuster bestseller The Millionaire Next Door: The Surprising Secrets of America’s Wealthy shows how self-made millionaires have surmounted shortcomings such as average intelligence by carefully choosing their careers, taking calculated risks, and living balanced lifestyles while maintaining their integrity. Dr. Thomas J. Stanley also builds on his research from The Millionaire Next Door and takes us further into the psyche of the American millionaire. Stanley focuses in on the top one percent of households in America and tells us the motor behind the engine; what makes them tick. His findings on how these families reached such financial success are based on in-depth surveys and interviews with more than thirteen hundred millionaires. “A very good book that deserves to be well read.” —The Wall Street Journal “Worth every cent . . . It’s an inspiration for anyone who has ever been told that he wasn’t smart enough or good enough.” —Associated Press “A high IQ isn’t necessarily an indicator of financial success . . . Stanley tells us that the typical millionaire had an average GPA and frugal spending habits—but good interpersonal skills.” —Entertainment Weekly “Ideas bigger than the next buck.” —Orlando Sentinel

The Natural

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Publisher : Farrar, Straus and Giroux
ISBN 13 : 146680503X
Total Pages : 252 pages
Book Rating : 4.4/5 (668 download)

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Book Synopsis The Natural by : Bernard Malamud

Download or read book The Natural written by Bernard Malamud and published by Farrar, Straus and Giroux. This book was released on 2003-07-07 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classical novel (and basis for the acclaimed film starring Robert Redford) now in a new edition Introduction by Kevin Baker The Natural, Bernard Malamud's first novel, published in 1952, is also the first—and some would say still the best—novel ever written about baseball. In it Malamud, usually appreciated for his unerring portrayals of postwar Jewish life, took on very different material—the story of a superbly gifted "natural" at play in the fields of the old daylight baseball era—and invested it with the hardscrabble poetry, at once grand and altogether believable, that runs through all his best work. Four decades later, Alfred Kazin's comment still holds true: "Malamud has done something which—now that he has done it!—looks as if we have been waiting for it all our lives. He has really raised the whole passion and craziness and fanaticism of baseball as a popular spectacle to its ordained place in mythology."

Combating Fiscal Fraud and Empowering Regulators

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Publisher : Oxford University Press
ISBN 13 : 0198854722
Total Pages : 369 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Combating Fiscal Fraud and Empowering Regulators by : Brigitte Unger

Download or read book Combating Fiscal Fraud and Empowering Regulators written by Brigitte Unger and published by Oxford University Press. This book was released on 2021 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Combating Fiscal Fraud and Empowering Regulators analyzes the impact of new international tax regulations on the scope and scale of tax evasion, tax avoidance, and money laundering. These are analyzed through an ecosystem framework in which, similar to a natural ecosystem, new tax regulations appear as heavy shocks to the tax ecosystem, to which the 'species' such as countries, corporations, and tax experts will react by looking for new loopholes and niches of survival. By analyzing the impact of tax reforms from different perspectives--a legal, political science, accounting, and economic one--one may derive an assessment of the reforms and policy recommendations for an improved international tax system. The ultimate goal is to combat fiscal fraud and empower regulators, in that line, this volume is intended for a broad audience that seeks to know more about the latest state of the art in the realm of taxation from a multidisciplinary perspective. The money involved amounts to billions in unpaid taxes that could be better used for stopping hunger, guaranteeing education, and safeguarding biodiversity, hence making this world a better one. Regulators can see this book as a guiding light of what has happened in the past forty years, and how the world has and will continue to change as a result of it. Combating Fiscal Fraud and Empowering Regulators is also a warning about new emerging tax loopholes, such as freeports or golden passports and visas, where residency can be bought in tax havens, even within the European Union. The main message is that inequality can and has to be reduced substantially and that this can be achieved through a well-working international tax system that eliminates secrecy, opaqueness, and tax havens.

Breach of Trust

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Publisher : Metropolitan Books
ISBN 13 : 0805096035
Total Pages : 256 pages
Book Rating : 4.8/5 (5 download)

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Book Synopsis Breach of Trust by : Andrew J. Bacevich

Download or read book Breach of Trust written by Andrew J. Bacevich and published by Metropolitan Books. This book was released on 2013-09-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A blistering critique of the gulf between America's soldiers and the society that sends them off to war, from the bestselling author of The Limits of Power and Washington Rules The United States has been "at war" in Iraq and Afghanistan for more than a decade. Yet as war has become normalized, a yawning gap has opened between America's soldiers and veterans and the society in whose name they fight. For ordinary citizens, as former secretary of defense Robert Gates has acknowledged, armed conflict has become an "abstraction" and military service "something for other people to do." In Breach of Trust, bestselling author Andrew J. Bacevich takes stock of the separation between Americans and their military, tracing its origins to the Vietnam era and exploring its pernicious implications: a nation with an abiding appetite for war waged at enormous expense by a standing army demonstrably unable to achieve victory. Among the collateral casualties are values once considered central to democratic practice, including the principle that responsibility for defending the country should rest with its citizens. Citing figures as diverse as the martyr-theologian Dietrich Bonhoeffer and the marine-turned-anti-warrior Smedley Butler, Breach of Trust summons Americans to restore that principle. Rather than something for "other people" to do, national defense should become the business of "we the people." Should Americans refuse to shoulder this responsibility, Bacevich warns, the prospect of endless war, waged by a "foreign legion" of professionals and contractor-mercenaries, beckons. So too does bankruptcy—moral as well as fiscal.

All-American Boys

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Publisher : ipicturebooks
ISBN 13 : 9781596874534
Total Pages : 496 pages
Book Rating : 4.8/5 (745 download)

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Book Synopsis All-American Boys by : Walter Cunningham

Download or read book All-American Boys written by Walter Cunningham and published by ipicturebooks. This book was released on 2010-07-15 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: EDITORIAL REVIEW: *The All-American Boys* is a no-holds-barred candid memoir by a former Marine jet jockey and physicist who became NASA's second civilian astronaut. Walter Cunningham presents the astronauts in all their glory in this dramatically revised and updated edition that was considered an instant classic in its first edition over two decades ago. From its insider's view of the pervasive ""astropolitics"" that guided the functioning of the astronaut corps to its thoughtful discussion of the Columbia tragedy, *The All-American Boys* resonates with Cunningham's passion for humanity's destiny in space which endures today. This is a story of the triumph of American heroes. Cunningham brings us into NASA's training program and reveals what it takes to be an astronaut. He poignantly relates the story of the devastating Apollo 1 fire that took the lives of three astronauts and his own later successful flight on Apollo 7. This new edition includes an update of the manned space program and his ""tell it like it is"" observation of NASA's successes and failures. It also includes commentary on the Shuttle disasters of Challenger and Columbia and his views on what NASA should be doing to get back on track and to regain public support.

Economic and fiscal outlook

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Publisher : The Stationery Office
ISBN 13 : 9780101797924
Total Pages : 164 pages
Book Rating : 4.7/5 (979 download)

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Book Synopsis Economic and fiscal outlook by : Office for Budget Responsibility

Download or read book Economic and fiscal outlook written by Office for Budget Responsibility and published by The Stationery Office. This book was released on 2010-11-29 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.

Crimes Committed by Terrorist Groups

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Publisher : DIANE Publishing
ISBN 13 : 1437929591
Total Pages : 258 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Crimes Committed by Terrorist Groups by : Mark S. Hamm

Download or read book Crimes Committed by Terrorist Groups written by Mark S. Hamm and published by DIANE Publishing. This book was released on 2011 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Examines terrorists¿ involvement in a variety of crimes ranging from motor vehicle violations, immigration fraud, and mfg. illegal firearms to counterfeiting, armed bank robbery, and smuggling weapons of mass destruction. There are 3 parts: (1) Compares the criminality of internat. jihad groups with domestic right-wing groups. (2) Six case studies of crimes includes trial transcripts, official reports, previous scholarship, and interviews with law enforce. officials and former terrorists are used to explore skills that made crimes possible; or events and lack of skill that the prevented crimes. Includes brief bio. of the terrorists along with descriptions of their org., strategies, and plots. (3) Analysis of the themes in closing arguments of the transcripts in Part 2. Illus.

Rich Dad's Guide to Investing

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Publisher : Business Plus
ISBN 13 : 0759521468
Total Pages : 369 pages
Book Rating : 4.7/5 (595 download)

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Book Synopsis Rich Dad's Guide to Investing by : Robert T. Kiyosaki

Download or read book Rich Dad's Guide to Investing written by Robert T. Kiyosaki and published by Business Plus. This book was released on 2001-01-15 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rich Dad's Guide to Investing is a guide to understanding the real earning power of money by learning some of the investing secrets of the wealthy.

The Myth of the Free Market

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Publisher : Kumarian Press
ISBN 13 : 1565492676
Total Pages : 338 pages
Book Rating : 4.5/5 (654 download)

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Book Synopsis The Myth of the Free Market by : Mark Anthony Martinez

Download or read book The Myth of the Free Market written by Mark Anthony Martinez and published by Kumarian Press. This book was released on 2009 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Explains how the 2008 financial meltdown came about and how to revitalize global and domestic economies * Shows how capitalist economies developed and why the state matters in their functioning Free market purists claim that the state is an inefficient institution that does little for society beyond providing stability and protection. The activities related to distributing resources and economic growth, they say, are better left to the invisible hand of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work. Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state intervention. He brings his story up to the present day to show how the seeds of an unprecedented government intervention in the financial markets were sown in past actions. The Myth of the Free Market is a fascinating and accessible introduction to comparative economic systems as well as an incisive refutation of the standard mantras of neoclassical free market economic theory.

The Real Book of Real Estate

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Publisher : ReadHowYouWant.com
ISBN 13 : 1458772500
Total Pages : 462 pages
Book Rating : 4.4/5 (587 download)

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Book Synopsis The Real Book of Real Estate by : Robert T. Kiyosaki

Download or read book The Real Book of Real Estate written by Robert T. Kiyosaki and published by ReadHowYouWant.com. This book was released on 2010-05 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the #1 bestselling author of "Rich Dad, Poor Dad" comes the ultimate guide to real estate--the advice and techniques every investor needs to navigate through the ups, downs, and in-betweens of the market.