Stepping Stone Wealth
This two-volume book explores how the great buildings of England bear witness to a thousand years of the nation's history. In every age, investment in iconic buildings reaches a climax when the prevailing mode of production is operating most effectively, surplus wealth is most plentiful, and the dominant class rules supreme. During such periods of stability and prosperity, the demand for new buildings is strong, structural and stylistic innovations abound, and there is fierce competition to build for lasting fame. Each such climax produces a unique vintage of buildings that are an expression of cultural hegemony. They are monuments to the wealth and power of those who ruled their world.
This book is a re-publication of a blog I started in the depths of the Great Recession in March 2011. During that time, as I agonized over investing, saving and potential job loss, I developed an investment philosophy I dubbed the "Financial Fortress" and wrote a series of posts about it along with other posts about specific asset classes, investment strategies and related topics. My two biggest successes have been in real estate and precious metals. During the Great Recession, I made some aggressive moves, using retirement savings, to purchase distressed condominiums in Orange County, California. In addition to enjoying positive cash flow while I owned the properties, I have just completed one sale and have a second one in escrow, doubling my money in five years. I also made an aggressive move into silver (US Silver Eagle coins) to watch them triple in value, at which time I sold individual rolls on EBay and kept the rest for future appreciation.The essence of the Financial Fortress is that as savers and investors, we need to first have a strong defense before we can have a strong offense. As volatility in world markets seems to worsen each year and booms/busts become more intense, preservation of capital is paramount but so is finding opportunities to leverage what we have in order to grow our wealth.
"This is highly recommended reading for all model-builders and model-users. CABE News "This book contains a wealth of information, and will be very valuable to anyone who is interested in knowing how macroeoconometric models developed and how they have been used. Journal of the History of Economic Thought" This book will long be valued by macroeconomic model-builders as an indispensable reference source on the development of their craft. It eloquently and thoroughly testifies to the dramatic progress that has taken place over the last fifty years. Patrick Grady, Canadian Journal of Economics "This collaborative volume presents insightful discussions of econometric models and their developments. This authoritative and complete work is a must for anyone concerned with macroeconometric modeling. E. Kacapyr, Choice" Authenticity us thus a major attribute of the book, and guarantees that it will become a permanent and authoritative reference in the history of macroeconometric modeling.... In a generally outstanding book, there are a few particularly strong parts that warrant special mention. The material on intellectual antecedents and on the earliest experiences with model-building in the 1930s and '40s is exceptionally well done.... What really sings, however, is Anton Barten's chapter on the Dutch experience which itself spans the entire period 1936-1986; it is an absolute gem-a microcosm of the entire book, and the indispensable "executive summary" for those who want to know but are too busy to read more than one chapter.' -Saul H. Hymans, Journal of Economic Literature This major book presents, for the first time, an authoritative history of developments in macroeconometric modelling since the 1930s. It focuses in particular on the construction of mathematico-statistical models of entire economies, estimated from national accounts and other macroeconomic data. International and comparative in scope, the book contains chapters prepared by specialists from the different countries concerned. This landmark book is indispensable to an understanding of the history and development of large scale econometric models of modern economies.
Oil-related activities damage tropical rainforests, but this is just one side of a complicated story.
Building of A Nation is a book which looks at the development of the United States. The story of America is a great one. Founded on the principals of independence and democracy.
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