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African Americans are labeled consumers rather than investors or the like. Mr. Miller first asks his readers to decide what "rich" is to them. Once that is decided he then begins the discussion of spending habits and shows how historically African Americans have been victims of discriminatory practices and wasteful spending. Swiftly he moves the reader into a basic plan for finances, dealing with income issues, finding a job, entrepreneurial advice, the hidden enemy and many more ideas toward financial wealth. This book also includes a sixty-four-page appendix with everything from addresses for State Directors of Adult Education to Regional Securities and Exchange Commission Offices.
Melvin B. Miller has written a book designed to change your thinking about money. It is all laid out simply and has little personal antidotes in order to point out practicality and make it relatable. I believe that this book is an ideal start for someone who wants to gain control of their financial future without being overwhelmed with technical jargon and intimidating information.
Kotanya
APOOO BookClub
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His writing details & his lovely personality makes you feel so enthusiastic & full of confidence to self publish. It seems so easy & I'm sure it is.
The only two issues I have is re: mail order marketing.( of which he discusses extensively ) In Australia we don't use mail order ads for books in magazines & newspapers. It's no longer done here.
The other issue is that I'm concerned as to how up-to-date some of the info is. As it is reprinted in 1992. I wonder whether he would espouse mail order marketing as heavily now.
But that aside. It's a book I would recommend to everyone considering self publishing ! ( as it presented me with many answers that I could not find elsewhere )
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The book uses - at least for me - an extremely useful approach to studying the rudiments of trade theory: after reviewing the standard concepts from consumer and producer theory, it provides a set of sufficient conditions that jointly determine the no-trade world. The core of the text then relaxes each of the mentioned conditions while keeping the others valid, showing why trade arises and at the same time providing a very clear overall picture. All models are discussed in a non-technical way but still with a fair amount of rigour, clearly stating the assumptions and proving the propositions.
The idea of using the revealed preference to show the existence of gains from trade in various settings is defenitely sth worth examining.
The trade policy part offers a chapter on strategic trade policy to shake the validity of the standard "trade barriers are harmful" belief from a perpective that is usually not presented by competitive texts.
Still, two elements could be improved: the part on the link between trade and economic growth is not very readable. Maybe the authors could do sth more about it by using algebra. Secondly, although the concept of intra-industry trade is discussed on many occasions, the authors could consider devoting an additional chapter to it just to summarise the already mentioned ideas.
To conclude: I consider the book as being better than, say, Krugman's or Salvatore's probably more popular texts.
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This book is split into sections of:
-Weird Weather
-Castastrophies Big & Little
-The Violent Earth
Along with paragraphs explaining each odd event, (almost) every page has a "Laugh Line" or "Didja Know." I encourage you to get this book, filled with fun facts.