The Passionate Economist: Finding the Power of Humanity Behind the Numbers

Swonk, Diane

ISBN 10: 0471269964 / ISBN 13: 9780471269960

Published by John Wiley & Sons, New York, 2003

About this Item

First printing, full number line. Inscribed and signed by the author, at one time chief economist for Bank One, on the title page: "Greg, / Good luck guiding the CEA--you have a momentous task ahead of us / Best, / Diane Swonk." Inscriptee probably Greg Mankiw, who was chair of the Council of Economic Advisers under Bush II from 2003 to 2005. The book is square and unmarked; one corner and spine ends lightly bumped. The dust jacket is not price-clipped (original price $24.95); minor edgewear at spine ends and corners; Brodart protected. Seller Inventory # 011961

Bibliographic Details

Title: The Passionate Economist: Finding the Power ...

Publisher: John Wiley & Sons, New York

Publication Date: 2003

Binding: Hardcover

Condition: Near Fine

Dust Jacket Condition: Near Fine

Signed: Signed by Author(s)

Edition: First Edition

About this title

Synopsis:

Praise for THE PASSIONATE ECONOMIST

"In this powerful and insightful book, Diane Swonk brings economics to life. I highly recommend The Passionate Economist to anyone who wants to use the lessons of our past to create a better future."
-Charles R. Schwab
Chairman and Co-CEO
The Charles Schwab Corporation

"Leave it to Diane Swonk to put a soul in statistics. Diane figured it out a long time ago. People matter. Their fears matter. Their hopes matter. Their dreams matter. Diane takes us into a world never before explored by an economist . . . the real one. A great read. A great book."
-Neil P. Cavuto
Vice President, Anchor and Managing Editor
Business News, Fox News Channel

"Growing up in Detroit, Diane Swonk saw friends and neighbors suffer hardship as a result of layoffs and corporate downsizing. Leveraging her intimate knowledge of the Midwestern economy, Diane rose to the top of her profession, applying insights into human nature to predict financial markets, economic policy, and key shifts in the global economy. This powerful and personal story by one of America's leading economists shows how economics touches the lives of real people. It explains where the American economy has been and where it is likely heading."
-Janet Yellen
Trefethen Professor of Business and Professor of Economics at the University of California at Berkeley
Former Governor of the Federal Reserve and former Chair of the Council of Economic Advisers

From the Inside Flap:

Economics is one of the most powerful yet misunderstood sciences. Done well, sound economic policy decisions have improved the lives of millions. Done poorly, they have let corrupt governments abuse economic reforms, left vast populations in poverty, and created a breeding ground for envy and hate. At its very heart, economics is the study of collective human behavior, not some magic black box that doles out reams of forecasts or statistics that move the financial markets. It tells us more about how life will unfold on Main Street than Wall Street.

As the chief economist at one of the country’s premier institutions–Bank One–and as an advisor to policymakers around the world, Diane Swonk believes that economics is as much social policy as financial policy. In The Passionate Economist: Finding the Power and Humanity Behind the Numbers, Swonk skillfully reveals how economics is not a hard science, but a behavioral science built on the foundation of human activity. A Washington insider, she presents her extremely knowledgeable perspective on the Federal Reserve and the power of money, and offers practical advice that will help you make wiser decisions on where to put your money.

Swonk brings a unique and somewhat unlikely perspective on money and finance. As a woman in a high-level corporate position in a male-dominated industry, as a child who saw the ravages of poverty firsthand, and as a person with a learning disability, she sees more in economics than merely the moving and counting of currency. In economics, she sees a global force with the power to remake the world. In this book, she clearly presents her secrets to success and her informed views on economic policy globally and locally–all while bringing humanity back into the humanities that economists study.

Shifting from the individual and the seen to the large, theoretical, and unseen The Passionate Economist will help you:

• Understand the great expansion of the 1990s, what shaped it, and how those shifts laid the groundwork for its own undoing
• See the strategic and intuitive side of the science that is often depicted as dry statistics
• Realize how the events of September 11 reshaped our economic landscape, and could permanently alter the course of global economic freedoms

Economics is about data, but in The Passionate Economist, Diane Swonk explores the interaction of personal feelings and needs with numbers. This book will broaden your perspective on economics and the economy by examining its very roots. If you want to truly understand economics as well as make better decisions about your own portfolio, The Passionate Economist will show you how.