What Do They Teach in Economics at Harvard? Do graduates REALLY believe: *You can spend yourself out of debt;*The best way to cure poverty is to "tax the rich" andwealth will "trickle up" from the less successful;*Government can "create jobs" by spending your money for you;*Printing paper money will create confidence in the market; *Politicians are more trustworthy than business people; *That Socialism works or has ever worked;*Bureaucrats care more about you than your doctor does;*Socialized medicine that bankrupted other countries will somehow work better here?If this makes you feel uneasy, and you wonder: *Is Economics really that complicated?*Can "unsophisticated common folk" understand well enough to run their own lives?Dr. Holmes explains Economics in lighthearted plain language as he has for thousands of students. Read and explain to others: "No it isn't," and "Yes we can!"
About the Author: Charles W. Holmes is retired as Professor of Economics at Bainbridge College, a unit of the University System of Georgia. He is also a former Air Force pilot with over 7,000 flying hours and 236 combat missions over Vietnam. He completed his baccalaureate degree while in the Air Force and entered graduate school at Florida State University immediately after retirement. He received his masters degree in 1975, was awarded a teaching fellowship and completed his Ph.D. in 1976. He then worked as an analyst for the BDM Corp. in Washington, D.C. for four years. Work at BDM involved interaction with bureaucrats of the federal government, primarily those of the Department of Defense. He sought to return to academe and became Director of the Aviation Research Center and Assistant Professor of Economics at Embry-Riddle Aeronautical University of Daytona Beach, Florida. As government and Federal Aviation Administration sponsorship of contractual services declined during the recession of the early 1980s, he accepted an appointment to Bainbridge College, where he taught economics and statistics. He retired as full professor in the year 2000 after fulfilling his desire to work into the new century. Chuck is author of several academic and technical works pertaining to education and economics, including economic impact studies and Social Security viability, which are rather esoteric in nature and of little interest to the general public. He was a major investigator and primary author of a study of pilot judgment and has reviewed books for the Southern Political Science Journal.