Invisible Hand, Visible Profit: The Simple Science Behind Smart Decisions
Science has never been about compliance but about query. Why is something the way that it is? Why does it behave a certain way? If I understand the logic, how can I apply it to what I am trying to achieve?
Economics governs every business decision you make, from pricing strategy and market competition to supply chain costs, trade policy, and government regulation. And yet, it has gotten lost in terminology and theoretical constructs that obscure the simple rules beneath them.
Written for business owners, entrepreneurs, executives, managers, and consultants, this book covers the economic foundations of smart decision making across ten focused chapters: demand and supply mechanics, market structure and competitive advantage, cost and profit maximization, business policy analysis, international trade and tariffs, and the impact of fiscal and regulatory policy on business growth. The book presents an original Classification of Public Policy framework that helps business leaders identify exactly how any policy will affect their specific market, their costs, and their competitive position.
With 30 years in economics, 25 years in academia, and 15 years advising business leaders, Dr. Kruti R. Lehenbauer presents the economic handbook every professional needs to make smarter decisions under uncertainty in the global and political economy.
"May the invisible hand guide you to visible profit, and beyond."
Chapters
- Why Economics Hits Close to Home
- We Are All Just Circling Around
- What Lies Beyond Demand And Supply
- Where Market Failures Stem From
- Who Pays For Your Choices
- Why Care About Your Competition
- In The Long Run, We Are Not All Dead
- Fed Up, F-ed Up, They Still Govern
- A Saga Of Trade And Tariffs
- Which Policy Makes You Panic?
