The 5-Minute Economist

What's going on with the US economy? Who's better is managing the economy: Democrats or Republicans? Does Immigration Help Or Hurt State Economies? Who was the best president in managing the economy? Has the US lost to China?

The 5-Minute Economist shows you how to quickly "score" the economy's performance with just a few variables. It is a book that everyone with an interest in the economy should read. No bias, no media spin, just numbers and grades to help you gain a better insight.

You Don't need a PhD to Understand the Economy

Every news report and newspaper article say something different about what is going on in the economy. One economist says things are great, but another says things look bleak. Regardless of the deluge of statistics and the amount of time that the media devotes to discussing the economy, most people remain bewildered by it all. Rather than informing them, it only serves to confuse them at best and mislead them at worst. How is the average person supposed to know what's really going on in the economy?

Wouldn't it be great if there were an easy way anyone could see how the economy was really doing?

That's why the authors created the Economic Performance Index, or EPI, currently the only patented index of economic activity, that was published at the International Monetary Fund, the largest global economic policy institution in the world. It uses four macro-indicators (easily found online) that capture the broad health of nearly any economy-from individual US states to regional country blocs-at any point in modern history!

Five years of research along with EPIs publication at the IMF gives you certainty that it will provide you with a clear, unbiased and competent understanding of the economy.

Not only does The 5-Minute Economist show you how to use the Index for yourself, where you can apply it to the US economy and individual states as well as other countries, but it answers major questions that everyone wants to know:

• Who's better: Democrats or Republicans?
• Is war good for the economy?
• Is the media biased?
• Has the US lost to China?
• Do high taxes help or hurt?
• Should we model Texas or California?
• Who was the best president in managing the economy?
• And many more!

In short, this book provides the reader with a clear but powerful method of evaluating the performance of any economic entity, in a way that will change your understanding of the economy, as well as that of millions of other people.

Don't wait for the "experts" to tell you how the economy is doing-find out for yourself!

About the Author: VADIM KHRAMOV, PHD
Economist Vadim Khramov, PhD formerly served as advisor to the Executive Director of the International Monetary Fund in Washington, D.C., before becoming Vice President for Global Research and Director for EEMEA Strategy at Bank of America Merrill Lynch in London. He has been interviewed for CNN, CNBC, Bloomberg, The Financial Times, The Wall Street Journal, and Foreign Policy, among others. Vadim currently works for an asset management company and lives with his wife in Boca Raton, FL.

JOHN RIDINGS LEE, JR.
The late John Ridings Lee, Jr. was a businessman and influential political activist. After a career in finance that included serving as CFO of North American National Life Insurance Company and CEO and co-founder of the Akuratus Corporation, John co-founded the Center for Economic Performance with Dr. Vadim Khramov and patented the Economic Performance Index, the first ever patent of its kind to be issued. He lobbied for better economic policies to congressmen and national figures at the GOP National Headquarters, Heritage Foundation, and CATO Institute, among other venues. He was an avid artist, exhibiting original paintings and producing movies in Hollywood. John held degrees in business, political science, and economics from the Southern Methodist University (SMU) as well as a BA in economics from Stanford University. Originally from Dallas, TX, he resided in Malibu, CA.