That Doesn’t Work Anymore

That Doesn’t Work Anymore

by Robert S. Kricheff
Released December 2018
Publisher(s): De Gruyter
ISBN: 9781547400775

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Book description

Economic measures and concepts like GDP, inflation, business cycles and supply chains that were created decades ago are being disrupted and altered by technology. These changes affect asset values, interest rates, stock valuations, barriers to entry, as well as regression and correlation analysis. That Doesn’t Work Anymore discusses how to adapt traditional data to these changes and outlines ways to use newer and better tools that help you make good investment and business decisions.

The book's short pragmatic chapters grouped by topic with research and real-life anecdotes delve into how technological and societal developments have changed the meaning and value of traditional economic data-points, predictive tools, and business concepts. Robert S. Kricheff provides specifics on new and more valuable data sources as well as better methods for applying the information to investing, business, and even your career.

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Dedication
  5. About De|G PRESS
  6. Acknowledgments
  7. Contents
  8. Preface
  9. Part 1: Introduction
    1. Chapter 1: The Economy Is Running the Data Is Walking and Trends versus Cycles
      1. Macroeconomic and Microeconomic Trends
      2. Using Data Wisely
    2. Chapter 2: An Approach to Economics—Bottoms Up
  10. Part 2: Disruption, Culture, and Indexes
    1. Chapter 3: Disruptors or Just Progress
    2. Chapter 4: Cultural Changes Make Economics Change
    3. Chapter 5: Goodhart’s “Underappreciated” Law and Benchmarking
  11. Part 3: Math Moves—Remembering That Everything Changes
    1. Chapter 6: Means Move—Analyze the Averages
    2. Chapter 7: Rethink Regressions and Resist Correlations
  12. Part 4: Big Economic Data Points
    1. Chapter 8: GDP—Overrated
    2. Chapter 9: Unemployment versus New Employment
    3. Chapter 10: Wages Are Different Now
    4. Chapter 11: Inflation—Just a Little Bit
    5. Chapter 12: Interest Rates and Falsehoods
    6. Chapter 13: Currencies—Chicken and Egg
    7. Chapter 14: Expectations Theories—Always Changing, Always Relevant
  13. Part 5: Old Capital, New Capital
    1. Chapter 15: The New Role of Capital and Capital Formation
    2. Chapter 16: International Capital Flows—Increasingly Critical
    3. Chapter 17: Human Capital—The Real Data to Watch
    4. Chapter 18: Aristotle, Infrastructure, and Capital
  14. Part 6: Tonight the Role of Government Will Be Played By…
    1. Chapter 19: Government’s Role: Past and Future
    2. Chapter 20: Government’s Job
    3. Chapter 21: Funding the Government: Taxes and Debt—Good, Bad, and Completely Lost
    4. Chapter 22: Expense Management and the Government— A Misnomer?
    5. Chapter 23: More Gray and Purple, Less Gridlock
  15. Part 7: Business is Different Now, But It Always Is
    1. Chapter 24: Business Structures—Think Again
    2. Chapter 25: Business Investment—What People Watch and Should Watch
    3. Chapter 26: Business Cycle Theory: It’s Wrong and Slow
    4. Chapter 27: Tearing Down and Running Around the Barriers to Entry
    5. Chapter 28: Incumbents Can Fight Back
    6. Chapter 29: Food and Energy
    7. Chapter 30: Supply Chains, Outsourcing, and Innovation
    8. Chapter 31: Measure of Trade
    9. Chapter 32: The Invisible Consumer: Customer Retention, Big Data, and Customer Service
  16. Part 8: Value, Volatility, Uncertainty—Different Arrangement but the Song Remains the Same
    1. Chapter 33: Value
    2. Chapter 34: Volatility and Risk Measures—A Point of View
    3. Chapter 35: Uncertainty—The Opportunity
  17. Part 9: Random Ramble and Concluding Topics
    1. Chapter 36: New Industries and What to Do about Them
    2. Chapter 37: Emerging Economies—New Paths
    3. Chapter 38: Socially Responsible Investing and Environmental, Social, and Governance Factors
    4. Chapter 39: Trends, Data, Correlations, and a Few Other Things—Again
    5. Chapter 40: Never Close Your Eyes or You Will Miss Something
  18. Index

Product information

  • Title: That Doesn’t Work Anymore
  • Author(s): Robert S. Kricheff
  • Release date: December 2018
  • Publisher(s): De Gruyter
  • ISBN: 9781547400775