WELCOME!

THE NEW WORLD ECONOMY--A BEGINNER'S GUIDE, published by Vintage Books, a division of Penguin Random House.  You can  order at Amazon.com, Indie Bound, Libro.fm Audiobooks, and Barnes & Noble (click on your choice to order).

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Many of us are bewildered by a fast-changing global economy that seems too big and too complicated for us to understand. So, we tend to let politicians make decisions for us. Unfortunately, politicians are not always going to do what’s best for us. They’re going to do what’s best for themselves and their re-election chances.

As The Economist once wrote: "If economists want to be understood, let them use plain words . . . [and] address those words less to politicians and more to everybody else. Politicians care about what voters think, especially voters in blocks, and not a shred about what economists think. Talking to politicians about economics is therefore a waste of time. The only way to make governments behave as if they were economically literate is to confront them with electorates that are."

The idea of The New World Economy—A Beginner's Guide is not only to give readers a basic understanding of what is happening in the world economy but also to provide them with the tools to be able to make sense of future economic events—good or bad.

Biography

Randy Charles Epping, based in Zurich, Switzerland and São Paulo, Brazil, has worked in international finance for over 25 years, holding management positions in European and American investment banks in London, Geneva, and Zurich. He has a master’s degree in international relations from Yale University, in addition to degrees from the University of Notre Dame and the University of Paris-La Sorbonne. He is currently the manager of IFS Project Management AG, a Switzerland-based international consulting company. He is also the president of the Central Europe Foundation, which provides assistance to students and economic organizations in Central and Eastern Europe. In addition to The New World Economy—A Beginner's Guide, he has written several other books on the world economy, translated into more than 20 languages around the world. He has also written a novel, Trust, a financial thriller based in Zurich and Budapest. Mr. Epping holds dual U.S. and Swiss citizenship and is fluent in six languages: English, French, German, Italian, Portuguese, and Spanish.

Mr. Epping holds the trademark to the concept of FUSION ECONOMICS, which is based on the idea that the world economy has become so interconnected that it is almost impossible to accurately predict what will happen in the future. Fusion economics is based on the same concept as chaos theory, where something as insignificant as a butterfly flapping its wings over the Amazon can cause a severe thunderdstorm in Beijing’s Tiananmen Square. In today’s new world economy, causes and effects are converging, fusing together in a complex web that is almost impossible to understand by reading traditional theoretical economic textbooks.  In order to thrive and survive in the new fusion economy, we need information and ideas based on real-world examples and real-world solutions.