The witch doctor of Wall Street

About this book

At last, a book that explains economic and investment theory and practice in plain English using simple arithmetic! With a quarter-century of experience as a top Wall Street economist, Robert H. Parks confronts financial gurus who promise wealth without risk, government officials whose statements and actions produce violent swings in financial markets, and Nobel laureates who develop "Alice in Wonderland" models resting on risk-free returns. He then documents the unconscious deception that plagues Wall Street when pressure, insecurity, and selfishness pervade the market. Finally, Parks tracks the preachings of economists on the left and the right showing how unlikely they are to give straight answers about market trends. . An easy-to-read style and clear examples combine for quick comprehension of even the most complex financial instruments. Seasoned investors and novices alike will benefit from Park's no-holds-barred approach. If you want to know more about business ethics and psychology, investment, economic history, and government's impact on the economy, there is no better source than The Witch Doctor of Wall Street.