Thursday, December 11, 2008

Memos to the President or Business Ethics

Memos to the President: A Guide Through Macroeconomics for the Busy Policymaker

Author: Charles L Schultz

When policymakers are in need of economic advice, professional economists are never far away. Policymakers, journalists, and citizens all rely on experts to explain various economic developments and policy proposals. While it is fortunate that experts are close at hand, those concerned with choosing or evaluating economic policies should themselves have an understanding of how the economy works; unfortunately, many policymakers and interested citizens currently lack such knowledge. They should know at the least the basics of macroeconomics to make informed decisions on their own. In this insightful book, Charles L. Schultze employs an imaginative format for explaining to busy policymakers and citizens how the economy works and what issues are likely to affect macroeconomic policy. He imagines that the next president has promised to devote one hour a week to learning about key economic principles and has asked the chairman of the Council of Economic Advisers for instruction. The book is written as a series of memos to the president on the principles and policy issues that should be understood before making macroeconomic policy judgments. A former chairman of the Council of Economic Advisers himself, Schultze clearly explains the key relationships as a background for policy decisions--relationships among domestic and foreign economic forces, and government policies and economic outcomes. The memos rely heavily on the use of real-world examples from recent economic events and policy debates. They focus principally on such policy-related issues as inflation, unemployment, long-term economic growth, and the flow of international trade and capital. This series of short, easy-to-read memos is divided into three groups: the first presents the background, explaining why it is particularly important for policymakers to distinguish between those economic forces that affect total demand in the economy and those that affect total supply; the second addresses the problem of



New interesting book: Herbs and Spices or Man a Can a Microwave

Business Ethics: Stakeholder and Issues Management Approach

Author: Joseph W Weiss

Ethical decisions can be complicated but ethics class doesn't have to be! BUSINESS ETHICS: STAKEHOLDER AND ISSUES MANAGEMENT APPROACH is the easy-to-follow guide that addresses business ethics in a way you can understand. By using real-world examples and focusing on shareholders, this textbook has the content to help you outline your personal business ethic for years to come. Get the practical tools you need to handle moral dilemmas in the workplace. Pick this one up today.



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