The Haiku Economist, by Author (Softcover, 2012)|
(You can print this review in landscape mode, if you
want a hardcopy)
Reviewer: Mark Lamendola, author of over 6,000 articles.
This may be one of the most important books you'll ever read. Why? Because,
generally, people do not understand economics. And yet, our lives are deeply
intertwined with it.
At 6 x 6 inches in printed form and going about 140 pages (with blanks
between some chapters), the Haiku Economist is physically lightweight in
printed form. Several of my graduate economics texts could give you a hernia
if you aren't careful when picking them up. There's also a huge difference
in cost between one of those books and this one; an economics text can
easily cost ten times as much as this little book.
But this book is a heavyweight in terms of actually providing
understanding. A studious reading of this book over a weekend will educate
the reader far more on actual economics than a couple of semesters of
confusing, difficult study of "economics" at the typical university. The
reason is basically that those university courses spew (at the student) many
theories that violate basic math. The reason those theories are hard for
most people to understand is they elicit cognitive dissonance. Somewhere in
the mind of the student is a constant "this does not compute" message.
That is not to say those courses are worthless or all formal economics
study is a waste of time. What I'm saying is they give you the chaff with
the wheat (plus throw in ample helpings of horse droppings) and treat it all
as equally valid. But do the math, and you quickly see there's "no there
there" in much of what's taught. It's exhaustive mental effort to dig out
the good stuff. And this book does that digging for you.
It's the horse dropping stuff on which public policy is usually made. The
kleptocrats then point to "economics" to divert attention away from the
massive stealing they've been doing. Unfortunately, the average wage slave
does not see the subterfuge. Any person suffering from such blindness will
be cured by simply reading this book.
The very fact that many people would utter a non-sequitor such as "Keynesian
economics" should be a huge red flag to anyone who has reached a second
grader's understanding of math. Yet policy makers and other people utter
this all the time. Perhaps a reason is the constant stream of disinformation
and outright lies that flood academia and public discourse when it comes to
Consider one aspect of economics: inflation. Do you know what inflation is?
Most people do not. They think they do, but their idea is flatly wrong. If
you understand what inflation actually is, what its pernicious effects are,
and who causes it, you can begin to see the larger picture. Yes, that's
right--inflation is caused by a "who." It is a consequence of deliberate
decisions made by very few people. It's an inflating of the money supply,
something hinted at by the very word inflation.
And that inflating can be done only by counterfeiting money. During World War
II, the Nazis were working on a huge counterfeiting scheme to bring down the
British and American economies. That's what inflation does to economies;
it's one reason why we're in a Depression now.
In the USA, the main source of counterfeiting is the nonFederal nonReserve
(it's not federal and it doesn't reserve anything). Prior to the existence
of the nonFederal nonReserve, there was no long-term inflation in the USA.
But since that illegal organization was established, the dollar has lost
something like 97% of its value. Not lost, really; that value has been
stolen. This inflation is a wealth transfer scheme from the poor and
everyone else to the ultra-wealthy.
But if you've been duped into accepting the common definition of
inflation, which, by the way, is a fairly recent invention by politicians,
you are effectively disenfranchised. They maintain the fiction that
inflation is what you call price increases. No, price increases are called
"price increases." Inflation is just one factor in determining price. The
prices of some things have actually decreased during ten-year periods when
inflation has decreased the value of a dollar by 50%. The effects of
inflation are far more damaging than mere price increases. But most people
don't understand this.
The understanding of inflation is one of several understandings that are
requisite for being an adequately informed citizen (adequate if you do such
things as vote in "elections"). Nearly all the other requisites are economic
in nature, as well. And typically, a US citizen does not understand any of
them. That is exactly why the fraud continues and why the majority of
Americans are barely making ends meet.
One solution to this lack of understanding is an easy to read a book that
can teach people the basic principles of economics and thus empower them.
The Haiku Economist is such a book. Dr. Cox gives you the gist of inflation
in about less than 1/10th of the space I used above. He's similarly
effective on a host of other important concepts of economics.
So it is with pleasure that I comment upon this great little book and
recommend it to anyone who depends upon money for such things as paying the
mortgage (or rent), buying food, or preparing for the future.
The subject of economics is one I have studied since the 1970s (including
at the graduate level). I don't see it as a discipline in the sense that
engineering is a discipline; that is, much of what passes for "theory" in
economics is "horse hockey" rather than actual knowledge.
As noted earlier, the academics are hard to sift through. You have to
step outside the academics and look at the math. At least, that is how I see
it. And does not this make sense, since economics presumes to explain how
money works and money is really all about math? Note that economics is
really about the allocation of limited resources. Money is just one way to
measure resources. The point is, you can't discuss economics if you must
adopt mathematical impossibilities to do so.
Thus when I review a book on economics I am usually looking for
violations of basic mathematical principles. Just taking Keynes "economics"
as an example, it's based on ideas that require addition and subtraction to
be mathematically the same (when in fact they are the opposite). Many other
fairy tales posing as economic theory have been paraded before academia and
the public, as well.
Sadly, people accept these things as true and thus fail to see what's
really going on because the lies explain away the damage. When people accept
the mathematically impossible as somehow being reality, it tends to end
badly for all but those doing the stealing.
Upon reading The Haiku Economist you will understand actual economics,
- Dr. Cox states it simply.
- What's in this book can be mathematically validated.
Thank you, Dr. Cox, for producing a work that can end deception and
empower the people. Since stealing is the reason the kleptocracy is in power
(and has been in power for over 150 years), exposing the massive fraud by
educating people on how an economy actually works is probably our best shot
at restoring law and order in what presently poses as a federal
What pretends to be a government doesn't actually govern and is not
itself governed by the laws under which it is supposed to be governed
(namely, the Constitution, see Article 1, Section 8 and the 10th Amendment).
It's mostly a tool of organized crime. If you understand economics, you will
see why this is so. Get this book, and get the understanding.