New Books In Economics

Most people rely only on their life experience to make investment decisions. This causes them to overlook cyclical forces that repeatedly reshape economies and markets. Investing in U.S. Financial History: Understanding the Past to Forecast the Future (Greenleaf, 2024) fills this void by recounting the comprehensive financial history of the United States of America. It begins with Alexander Hamilton's financial programs in 1790 and ends with the Federal Reserve's battle with inflation in 2023. Authored by Mark Higgins, an experienced investment advisor and financial historian, this book will help you: - Understand key drivers of financial crises and the principles for managing them. - Recognize warning signs of speculative manias that lead to asset bubbles. - Understand why few investors outperform market indices and why index funds are preferable for most individuals and institutions. - Identify the major threats to U.S. economic prosperity in the twenty-first century. Investing in U.S. Financial History rev