H Doyle Smith

Budget Your Goals Not Your Silver (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Doyle Smith began his study of the nature of economic interactions at Arizona University in 1962. With the background of scholastic study, he worked and observed the activities of many people and various enterprises over fifty years, including thirty years as a CPA. Having won an award for his excellence in history in the seventh grade and having continued the study along with practical rewriting on economics, he combines an understanding of value to explain your role in having a strong economy. This role is supported by history and common sense.

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Produktdetails

• Verlag: Prominent Books Edge LLC
• Seitenzahl: 232
• Erscheinungstermin: 30. Mai 2024
• Englisch
• ISBN-13: 9781964494173
• Artikelnr.: 70887002

Autorenporträt

When the author purchased a property in the mountains, he daydreamed about owning a large tract in the area. On reflection, he asked himself, What will I do with it? Without a use, the land would have no value. This insight showed him that the value of the land depended on the objective for which the land would be used, not some other person's opinion of its value. As a result, when he studied economics in college, he questioned the basic definition of an economic transaction. Rather than finding that that transaction was an exchange of currency for goods and services, he found that the basic transaction in economics was the use of a resource for accomplishing an objective. This enabled him to look at economies where money was not used.The title of this book, Budget Your Goals Not Your Silver, is the result. Car salesmen are taught not to sell cars but what the cars will be useable for. The real estate agent must sell what the house can be used for and not the house itself. Cash economies must use data, and data is not available unless there is a unit of measurement, but the process of obtaining what is needed is not limited to cash economies. This book discusses the process of economies. As essential as economic studies are, valid economic studies must use data. But understanding the process goes beyond that study.