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Informationen zum Autor John E. Silvia is the Chief Economist of Wells Fargo. He has previously worked on Capitol Hill as senior economist for the U.S. Senate Joint Economic Committee and chief economist for the U.S. Senate Banking! Housing and Urban Affairs Committee. Silvia teaches in the Wake Forest MBA program! serves as a member of the Blue Chip Panel of Economic Forecasters! and is on an informal advisory group for the Federal Reserve Bank of Philadelphia. Klappentext "John's book emphasizes the importance of understanding the dynamic nature of the decision process with insightful applications to issues of innovation! growth! and fiscal and monetary policy. This book should be required reading for any decision maker who wishes to understand the framework for decisions and the biases that we all have that may influence our choices."--Arthur B. Laffer! former advisor to President Reagan! coauthor of Return to Prosperity: How America Can Regain Its Economic Superpower Status"While everywhere based on solid theory! this book is loaded with straightforward heuristics! or rules of thumb! for effective decision making that sweep away the academic gobbledygook that too often clouds forecasting and strategic decision making. In a refreshing commingling of economic principles with real-world business scenarios! Dr. Silvia unravels both the distorting biases and fallacies to which decision makers unwittingly fall prey. For practitioners interested in improving their decision-making skills and for students desiring to acquire them! this book should be a welcome companion."--Edward W. McLaughlin! Robert G. Tobin Professor of Marketing and Director! Undergraduate Program! Charles H. Dyson School of Applied Economics and Management! Cornell University"With the experience of the Great Recession still fresh in our minds! it's easy to see how most economic problems are the result of intertwined systems. As John Silvia's Dynamic Economic Decision Making makes clear! successful decision making is a process! not an event. While most business texts are filled with complex formulas and abstract theories! what we have here is a balanced explanation that facilitates real-world analysis."--Kermit Baker! PhD! Senior Research Fellow! Joint Center for Housing Studies! Harvard University"John Silvia's observations about the changes in the economy of the past fifty years are thought-provoking and challenge run-of-the-mill thinking. Rather than using the typical equations found in any macroeconomics textbook! Silvia examines the actual economic data that are used to evaluate the economy. Silvia does not provide the reader with a hammer in search of the perfect nail. He introduces several hammers! all of which can be used to make dynamic economic decisions."--William Davis! PhD! SPHR! Associate Dean of Working Professional Programs! Professor of the Practice of Management! Wake Forest University! Schools of Business"Few experts understand the economy as much as John Silvia. This book offers a valuable piece of John's expertise that can help business leaders and investors navigate through the economy and the data in an increasingly uncertain world."--Steve Liesman! Senior Economics Reporter! CNBC Zusammenfassung A comprehensive analysis of the macroeconomic and financial forces altering the economic landscapeFinancial decision-making requires one to anticipate how their decision will not only affect their business, but also the economic environment. Unfortunately, all too often, both private and public sector decision-makers view their decisions as one-off responses and fail to see their decisions within the context of an evolving decision-making framework.In Decision-Making in a Dynamic Economic Setting, John Silvia, Chief Economist of Wells Fargo and one of the top 5 economic forecasters according to Bloomberg News and USA Today, skillfully puts this discipline in perspective.* Details realist...
