Read how the economic machine works by Ray Dalio Online


The Economic Times Business News Read Latest Financial news, Stock Share Market News, Economy News, Business News on The Economic Times Find IPO Analysis, Mutual Funds ECONOMIC THEORIES The Mathematical Aspect On its formal side then, all neo classical economics represented an early stage of the long, slow development, which still is going on today, of mathematical economics or what may be called a gradual mathematicization of economic theory. The Economic Collapse The only thing that seems to be constant in our society is change, and today America is changing at a pace that is rapid than we have ever seen before. Economic history of the United States Wikipedia The economic history of the United States is about characteristics of and important developments in the U.S economy from colonial times to the present The emphasis is on economic performance and how it was affected by new technologies, especially those that improved productivity, which is the main cause of economic growth.Also covered are the change of size in economic sectors and the Economic news and job reports CNNMoney Breaking news on the economy, inflation, growth domestic product GDP , nation s debt and financial news, as well as coverage on health care, the energy sector and . Economics Bloomberg America s share of the global economic pie is shrinking, and its financial markets are increasingly dependent on developments elsewhere. UN DESA United Nations Department of Economic and Social UN DESA launches its definitive report on the shape of the world economy This Monday will see the launch of the UN DESA s World Economic Situation and Prospects report for . The National Bureau of Economic Research An increase in a country s output volatility is associated with a decrease in its output, consumption, and net exports, a study by Riccardo Colacito, Mariano Max Croce, Yang Liu, and Ivan Shaliastovich shows A one percent increase in output volatility increases consumption volatility by . percent. Mish s Global Economic Trend Analysis Disclaimer The content on this site is provided as general information only and should not be taken as investment advice.All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The Center for Economic and Policy Research The Center for Economic and Policy Research CEPR promotes democratic debate on the most important economic and social issues that affect people s lives.


Title : how the economic machine works
Author :
Rating :
ISBN : 25904184
Format Type : Paperback
Number of Pages : 304 Pages
Status : Available For Download
Last checked : 21 Minutes ago!

how the economic machine works Reviews

  • Karan Goel
    2019-02-13 19:58

    This book should be renamed to "How the economic machines of the past worked". Because that's what 80% of the pages are dedicated to - the Great Depression, the German recession, other developing nations' economic stand etc. The actual explanation of how an economy works (mostly in the context of the US) is the first few (~50) pages.My favorite quote from the book was this: "In booms, everyone's a capitalist. In busts, everyone's a socialist". So true. The book is mainly structured as follows:1. How an economy works - Explaining debt cycles, deflation, deleveraging, currency trends etc.2. Understanding recessions - probably the bulkiest part of the book is a *very detailed* analysis of the US Great Depression and German recession. I don't exaggerate when I say it's very detailed. Ray does a quarter-by-quarter data-backed analysis, and looks at policies that were passed and what the effect was.3. Modelling futures of emerging economies - Ray proposes a template/formula for computing how much growth various economies will have. It takes worker productivity and country culture into account. (Spoiler alert - India and China are on top).The book is full of data, tables and graphs - which I love. But the concepts are so macro, that it's not really relevant for me and most of the people who might like the title of the book. I think this book is more useful to those seeking a career in global finance, or economic policy-making. Regardless, it's a great book that is very easy to consume. The "chapters" are long blog posts, essentially, and you can skip what you don't like. I loved the general explanation of debt cycles, and macro trends in the first few pages (~60 pages or so).

  • Suhrob
    2019-01-20 20:05

    Very interesting!Dalio presents his macro model and then using its templates goes in deep detail through several deleveraging case studies.The book is written pretty clearly, though the accompanying video is even more pedagogical.The model is interesting - starts micro (with transactions), but then completely jumps over the standard demand/supply frameworks to the macro-stratosphere. It is very clear (Dalio himself acknowledges it) that it is not complete, nonetheless seems to be very coherent and have some explanatory power. The implications are also a bit... worrisome.The main danger of the book is that one might think that he/she understands macroeconomics a bit. :)

  • Bharat
    2019-01-23 21:48

    Although I'm not a big fan of Ray Dalio, it is undeniable that he has written a 101 kind of book for those who want to understand how the markets operate, the various terminologies involved in economics that is essential to understand how monetary transactions happen in everyday world and how they change the real economies across various countries in the world, the basics of transactions, financial institutions, markets etc.If you want a quick 30 min introduction to the concepts captured in the book, do watch:

  • Eugene Lee
    2019-02-15 17:09

    BA overview of the three major macroeconomic cycles

  • Santosh Shetty
    2019-02-08 18:53

    Just an amazing piece of work by Ray. Should be a must read from early on basic finance class for kids.

  • Bryony
    2019-01-27 19:59

    An excellent explanation of how economies work!