Keynesian Economics, The Cancer in America. This book is the 4th book written by John Shannon. It is one in a series of books about economics, investing, politics, and political satire. Even though each book has all the above characteristics, each book also has it's dominant theme. "Keynesian Economics, The Cancer in America" tries to show the dominant economic school of thought for the last 75 years which is taught in all the school systems, is applied in the financial community, and exploited in governments, in america and around the world is a destructive economic philosophy and the cause of the growing economic and political unrest that we face today. Other books by the author: "The Gold Star Investment Strategy" "The Federal Reserve Board, The Wizards of Oz, The Men Behind the Curtain" "The Federal Government, More Wizards of Oz"
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John Shannon attended colleges in the Boston area majoring in accounting. His first taste of investing came in 1973 during the stock market crash of that time. He opened his first investment account at Merrill Lynch in Burlington, Massachusetts putting all his savings in stocks selling at one dollar a share. Watching the stocks rising in value, and not knowing when to sell, he dusted off his old college economics textbooks and read cover to cover with a greater interest than ever before. After numerous trips to the Harvard Bookstore to purchase used economic textbooks, John spent an average six hours daily in local public libraries reading those and other library economic textbooks, as well as Wall Street Journal, Business Week, and other business periodicals. For a period of over 10 years, between 1973 and 1985, at least 100 economic textbooks were read. Economics and investing became a passion. In 2004, seeing the massive financial problems ahead for America, John turned to writing. This is the fourth book with many more to come. The books are economic, investment, political, and political satire. In the mid-1980s, John was a Registered Investment Advisor.
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