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This book has paid for itself a dozen times over in the money I have saved in electrical costs! The tech chapters were over my head, but my electrician understood them and (thank God) was willing to try something new! A fine book!!
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However, what this book does not provide is up-to-date practical advice for how to deal with the increase in choices. For example, the section on internet shopping is particularly dated, and fails to discuss tools such as price comparison shopping bots. Similarly, I would not base any financial decisions on the chapter on investing in the new economy. Much more thorough information on investing for the novice can be found in sources such as W.J. Bernstein's The Intelligent Asset Allocator, Siegel and Bernstein's Stocks for the Long Run, J. Bogle's Common Sense on Mutual Funds : New Imperatives for the Intelligent Investor or even online.......... This is probably the biggest flaw in The Wealth of Choices-there is no major listing of additional references to get more detailed information on any of the topics.
In short, borrow The Wealth of Choices from the library, get some ideas, but spend your money on more thorough books for a reference that you will return to over and over.
The book's basic premise is that the economy has changed so much that you have to change your assumptions in order to prosper in terms of your health and money.
The first chapter, Not My Father's Economy, sets this up by sharing the advice his father always gave him and suggesting that these rules no longer apply.
The second chapter is a quiz that lets you test how well you have adapted to the new economic realities. The quiz is on the main points in the rest of the book, so if you do well in any part of that section, you can skip the material on that subject when you get to it later on. A strength of this structure is that it customizes the book for each reader, regardless of how savvy or out of it they are about the new economy.
Then, he shares hiw own experiences in how the new economy has changed for him in chapter 3. You will meet many famous and fascinating figures, such as the Gardner brothers of Motley Fool fame.
Chapters 4-12 are devoted to shopping, health care, education, work, how to spend your time and attention, investing, starting a business, retirement, and privacy (one per chapter). In these chapters, he gives you tips for each area, on-line sources you can access to keep up-to-date, and suggests key operating principles.
Here's a summary of his perspective on the economy: "Today, the basic market principles of competition and choice have swept into every aspect of American life." "The world has gotten smaller; competition has gotten more intense; choices have become more plentiful." "Globalization, deregulation, and digitalization are turning the entire world into a modern version of the Istanbul bazaar." " . . . The power balance, for the first time in the history of capitalism, has shifted in the consumer's favor." He has trouble defining the new economy, and does so with a series of negatives. It isn't very effective, but a definition probably isn't very important for achieving the book's purposes.
For those who like their economics in a qualitative form and in an abbreviated journalistic style, this book will be an excellent source of why the economy has and is changing.
For those who want to know how to get the best deal, this book is invaluable. While all of the other books about the Internet primarily focus on building a business or investing, this one shows how to use the Internet for everyday benefits for everyone. I am sure that many books will follow in this vein, but this is the first one I have seen done from this perspective. He also offers a web site where you can keep up-to-date on on-line sources.
But the real benefit is in helping you see where you may have stalled thinking about what you should be focusing on. The book is highly effective in showing you where to look and what questions to ask. For example, if 88 percent of mutual funds underperform the market averages, why do you own one that is not an index fund? I would give the book more than five stars if I could for this aspect.
The book's main weakness is that you cannot teach someone everything they need to know in each of the areas in a few pages. His reach exceeds his grasp in areas like investing, starting a business, privacy and retiring. Each subject area requires many books to fully understand. You should go find those books and study them. Don't take the advice here too literally.
I also thought that he misunderstands about education. He suggests going for the 'best' education, but seems to automatically equate that with 'brand name' education. Be a little more skeptical than that about the 'brand names' in education. Their product is not what it once was.
After you have read and absorbed the book's lessons, ask yourself how much of your time you really want to spend on making all of these new choices. Then decide which areas you will spend that time on. Even with the tips in this book, you will still find that you will have to ration your attention. I suggest you focus on health care, education, work (or business), and use whatever is left for shopping. But you should decide for yourself!
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It's not easy to distill the wisdom of great spiritual teachers and make engaging and relevant examples of how to apply that wisdom at work. I highly recommend this book - whether you work for a company or not.
A reviewer suugested that this book's premise is yet another medal given to those who sell themselves to the institution. But this is not true: the outcome of using these thoughts and the assumptions of Servant Leadership (Robert Greenleaf Center, Indianapolis, Indiana} helps the colleagues in a really growth enhanceing environment take ownership of the relationships and policies in their own setting. If the effort is made in good faith by all, the result is a workplace that is peaceful, friendly, cooperative, and above all productive. I strongly recommend the principles developed by Klein and Izzo. They flow from their deep exprience with several of America's best and largest corporations, from their own humanity and from the most thoughtful consideration they have given to creating truly humanizing and productive workplaces.
I offer a word of caution however: if you still believe that just another set of words and ideas can give you a new result, this approach would be no more than just another 'canned program'. When you decide to recreate your workplace on honest relationships, not power, and want to create a new work system that has both power and peace, then you are ready to begin the long-term effort of rebuilding the world of work in which you live. This is a guidebook for those who have the idea of a better way to work and live. This small book is not a panacea; it is a map for a long journey. We have invested 9 years in this effort in our health care setting, and both patients and staff know and happily acknowledge that with persistence, we are growing into what is envisioned here.
A practical note: We are now at the point of attracting people who think in this manner into our most responsible administrative and service areas and we have many very long term employees. People love to work where they known, respected and part of the decision making process. We have had great and competent help from Klein and Izzo in creating a caring corporation, and in incorporating our own Christian values and Catholic traditions.
NLP is supposed to be about the study of excellent human performance, and how to model it. However, most NLP books get caught up in issues like hypnosis and therapy, and are written like psychiatric textbooks: bore, snore.
Most NLP "poobahs" thumb their nose at Anthony Robbins; let's face it, his works are popular because they're about self-improvement and are east to read. This book by John Emerick is along the same vein, but with more specific how-tos, and less cheerleading, than the Tony Robbins books.
Rather than spend hundreds of dollars on NLP and NLP-related books looking for a guide for specific self-improvement, buy this one.
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You probably want to start elsewhere and then browse through a copy after you have studied chakras and kundalini for awhile. Not beginner material.
nanmaste
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If you want to have your world turned upside down, then I highly recommend this little book. If you want to continue the sameness of your existence, then avoid it at all costs.
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The book is funny, and having read almost everything John Irving has written, I can see some parallels there. I would just hope Dufresne, an excellent writer, would do his homework a little better--go visit the locale, John! Of course, if Monroe has bayous and Cajuns that I haven't seen in my admittedly brief visits, then I apologize for this review.
Dufresne's writing is new altogether. Not that there aren't others out there with similar styles, but nothing quite like this. Funny (in a disturbing way that I am almost afraid to admit I can relate to), grotesque, depressing, and at the same time enlightening.
If you like Dufresne, I suggest you also read Ed McClanahan (especially Congress of Wonders, My Vita if You Will), another southern writer. Upon first reading Dufresne I wondered if these two may have met in some backwoods revival meeting or moonshine festival.