Logic and Economics - Getty, Gordon
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Simply put, this book is about my personal ideas in economics. It's about lessons learned from my father, J. Paul Getty, as well as my own experiences. I love the free market and the chance to prove ideas, and the fact that innovation is changing the world as we know it. While science tends to predict the rule from the data, philosophy tends to reverse the direction. The bottom-up scientific method doesn't get far in economics because market data reveal little about human capital, which is some two-thirds to four-fifths of all capital in most judgments including mine, beyond its rental cost in…mehr

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Produktbeschreibung
Simply put, this book is about my personal ideas in economics. It's about lessons learned from my father, J. Paul Getty, as well as my own experiences. I love the free market and the chance to prove ideas, and the fact that innovation is changing the world as we know it. While science tends to predict the rule from the data, philosophy tends to reverse the direction. The bottom-up scientific method doesn't get far in economics because market data reveal little about human capital, which is some two-thirds to four-fifths of all capital in most judgments including mine, beyond its rental cost in pay. The best economics can do is feel its way in the dark from assumption to prediction, as a rule, and then look for ways to scrape together enough market data for a test. This book covers my personal theories about the following topics: Bank Devolution Depreciation Theory Free Growth Theory Inflation-Protected Dollars (DIPS) Market Money Next Generation Theory Depreciation Recovery Rule Risk Theory Output Rule Pay Rule As you read this book, you may or may not agree with me, and that's okay by me. But perhaps you will discover a new perspective on an old theory. About the Author: The music of the American composer Gordon Getty has been performed in such prestigious venues as New York's Carnegie Hall and Lincoln Center, London's Royal Festival Hall, Vienna's Brahmssaal, and Moscow's Tchaikovsky Hall and Bolshoi Theatre, as well as at the Aspen, Spoleto, and Bad Kissingen Festivals. Getty was the subject of the 2016 documentary film There Will Be Music, by director Peter Rosen. PBS broadcast the film around the country in 2017. His music is published by Rork Music. Learn more: www.GordonGetty.com.
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Autorenporträt
Gordon Getty has made a lifetime of contributions to the world of classical music as a composer and philanthropist. He is the recipient of the prestigious European Culture Prize recognizing his extraordinary legacy, and Opera America named Getty as one of ten inaugural inductees to the Opera Hall of Fame in 2020. As a composer, Getty has added more than 30 works to the canon, and his music has been performed and recorded by leading artists and ensembles throughout the world. Gordon Getty's philanthropy has provided essential support to hundreds of arts organizations in the United States and abroad. He has been a catalyst for initiatives to expand music education and to attract new and more diverse audiences. He has played a vital role in sustaining U.S. orchestras and opera companies and has championed productions of new works. Getty's commitment to the next generation of musicians is demonstrated by his support of organizations that provide young people access to the joy of music that has so deeply defined his own life.