Louis Holder

The Author, Louis Holder, worked entirely in the private sector. After completing his tertiary education with concentration in Economics, he was employed by a large New York electric and natural gas Utility attaining the position of Manager of Rates. This position would necessarily focus on microeconomics and during his employ there, introduced a novel pricing concept at the time, Real Time Pricing. Real Time Pricing is the most efficient use of the price signal to induce appropriate responses to the demand for electricity.

Thereafter, Mr. Holder provided financial consulting services to a large industrial company and chaired manufacturing, renewable energy, and broadband companies. He consideres his philosophy for managing economies to be guided by a free-market approach characterized by low regulatory interventions for purposes of safety and social cohesion, but heavy regulation for the prevention of rent-seeking and corporate cencentrations. To the extent that some may be disadvantaged or favored by free markets, he advocates providing basic income support to the former from taxing the surpluses of the latter.

Although the primary aim of writing is to express an opinion that our political economy is on a destructive path having assumed a short-term focus on wealth creation at the cost of long-term destruction, it is written more as an accessible supplement to formal learning, and particularly suited to students or anyone learning about Geopolitics and Macroeconomics. Accordingly, the language is very straightforward for easy comprehension despite covering macroeconomic concepts and issues, and without the jargon that can be most baffling to the uninitiated.