Business advice and interesting stories about business.
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Welcome
Ever notice that the world is full of experts who have never actually done what they are "experts" at?
Many a business professor has never actually managed a business.Most business courses stress defining business terms but never actually teach the concepts of running a business.
This blog hopes to teach some of the terms and, at the same time, give some examples and lessons on running a business.
There will also be reviews of books on business listed here. Sometimes companies give me books to review. Regardless of where I get the book to review, I will give my honest opinion. If I was given the book to review I will always disclose that in the review.
I seek to start posting on 02 January 2012. Some of the posts will be recycled from some of my other blogs.
The reader should know that there is no one “Right Way” to conduct business that will apply in all situations. This blog is meant as a place to start. It is hoped that you will perform further research and consult professionals experienced in your particular business before making any important decisions.
30 May 2013
Setting Sun: The End of U.S. Economic Dominance
Setting Sun:
The End of U.S.
Economic Dominance
By Brandon Adams
I
have just completed the book Setting Sun:
The End of U.S. Economic Dominance by
Brandon Adams and I have to say I found it
to be very well written and informative. In
my line of work, I have to read all the
time. Normally,
I am reading dry, scholarly research papers,
many of which are on economics.These
reports go on and on and put the reader to
sleep.Brandon Adams has managed to take
that same type of work and make it
interesting. I
am not going to tell you that you will be
riveted to your seat and not able to put the
book down.What I will say is that if you are
looking for a clear, relatively easy to
understand explanation of the economy and
why we are where we are in the United
States, this is a good book to read. Brandon
Adams does not bombard his readers with a
lot of economic theory nor does he attempt
to make conclusions that are off base or
unsupported.This book is not a dry textbook kind
of read, but very much like talking to a
teacher who understands that students do not
already know everything there is to know
about the subject. The
reader will not need a collegiate dictionary
handy to read this book.The
author explains the few terms that are not
easy to understand. Throughout
the book, the author explains his position
on certain economic events of the past, why
he believes things are the way they are now,
and what could happen in the future. To
be fair to the reader, I can see that the
author has not had to rely on Medicare to
take care of medical expenses.If
he had, he would know that Medicare does not
provide a blank check to the elderly and
disabled.In fact, it pays for very little and
makes the patient jump through hoops to use
it. To
answer a question he stated in the book,
yes, Medicaid should pay for braces.It
does not in all states.My
daughter’s cardiologist insisted that she
needed braces because proper dental care is
essential in the health of the heart. When
we told other doctors that our daughter has
Marfan’s syndrome, they would chuckle and
say, “Who told you that?” When we told them
the name of the doctor, invariably the
response would be, “Well, he would know.”Simply
put, braces are often an essential part of
overall health. If
you are interested in the economy, even at a
basic level, you should read Setting Sun:
The End of U.S. Economic Dominance.It
could very well aid you in understanding the
economic situation today and help you see
what is happening in the future.
Disclosure
of Material Connection: I received this book
free from the author through his research
assistant.. I was not required to write a
positive review.The
opinions
I have expressed are my own.I
am disclosing this in accordance with the
Federal Trade Commission’s 16 CFR, Part 255
http://www.access.gpo.gov/nara/cfr/waisidx_03/16cfr255_03.html:
“Guides Concerning the Use of Endorsements
and Testimonials in Advertising”.
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Disclaimer
The opinions or advice
listed in this blog/website should
be used as a place to start only. It is not a
substitute for the use of a professional.
Please be sure to consult
your attorney and/or accountant with any
specific questions. There is no one right answer
to any business question that will cover all
circumstances.
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