EconoPower: How a New Generation of Economists is Transforming the World -- Contents -- Foreword -- Acknowledgments -- Introduction: A Golden Age of Discovery -- From the Dismal Science... -- ...To a New Imperial Science -- Seven Power Tools of Economics -- Economists' Powerful Methods -- Can Investors Beat the Market? -- Public Choice Theory: New and Improved Government -- Economics Enters the Courtroom -- The Outline of EconoPower -- Part 1: PERSONAL FINANCE -- Chapter 1: Economist Discovers a Painless Way to Triple Your Savings Rate -- The United States Is Living on Borrowed Time -- Behavioral Economics Enter the Workplace...with a Little Help from Washington -- The Economist behind the SMART Plan -- From Reluctant to Enthusiastic Savers -- Where Will You Invest Your 401(k)? -- Chapter 2: Modern Portfolio Theory -- Economists Create a Modern Portfolio Theory -- Who Can Beat the Averages? -- Chapter 3: Yes, You Can Beat the Market...with Less Risk -- IBM ("Big Blue") versus Exxon ("Big Oil") -- Beware of Technology Stocks -- Siegel's Positive Strategy -- Dividend Weight versus Market Capitalization -- Show Me the Money -- Chapter 4: High-Return Investing -- Along Comes the New Yale Model -- "Eating Your Own Cooking" -- Other Ivy League Schools Adopt Yale's Model -- Beating the Market Is Highly Improbable, but Not Impossible -- Chapter 5: How Chile Created a Worker-Capitalist Revolution -- How Does Chile's Private Pension System Work? -- The Benefits of Following the Chilean Model -- Chapter 6: The Call for Social Security Reform -- Why Not "Foodcare"? -- Safety Net or Dragnet? -- Chapter 7: 4,000 a Month from Social Security? -- Social Security versus Individual Retirement Accounts -- Chapter 8: How the Private Sector Solved Its Own Pension Crisis -- The New Solution: Individualized 401(k) Plans -- Why Social Security Needs Reform.

Chapter 9: The Four Sources of Happiness -- Why Most Poor People Are Unhappy -- Four Elements of Happiness -- Part 2: ECONOMISTS ENTER THE CORPORATE BOARDROOM -- Chapter 10: Improving the Bottom Line with EVA -- Are Accounting Profits for Real? -- EVA Wins the Battle -- Chapter 11: How Ludwig von Mises Helped Create the World's Largest Private Company -- Influence of the Austrian School -- Teaching Market-Based Management at Columbia Business School -- Anti-Keynesian, Anti-State? -- Part 3: SOLVING DOMESTIC PROBLEMS -- Chapter 12: Look, Ma'am, No Traffic Jams! -- Why Isn't the Current System Working? -- Solutions to Transportation Gridlock -- The Singapore Example of Peak Pricing -- The London Congestion Charge -- The Nation's Pioneer HOT Lane: 91 Express Lanes in Orange County, California -- Other States Adopt HOT Lanes and Tolling -- Chapter 13: Patient Power -- Is Universal Health Care the Solution? -- How Good Are the British and Canadian Health Care Systems? -- The Market Solution: Lower Costs, Higher Quality, and No Waiting -- Who's to Blame? -- How to Resolve the Health Care Problem -- Introducing Health Savings Accounts (HSAs): The Whole Foods Story -- Chapter 14: Back to Basics -- Poor Education in the Public Schools -- Milton Friedman's Idea of School Choice -- Chapter 15: Chicago Gun Show -- Does the Death Penalty Deter Crime? -- Gun Control and Crime -- Chapter 16: Economists Catch Auction Fever -- The Economists behind the Google IPO Auction -- William Vickrey, Father of Auction Theory -- The English Auction and the Winner's Curse -- How a Vickrey Auction Works -- Stamp Auctions and the Threat of Cheating -- The U.S. Treasury Department Saves Millions -- The FCC and Cellular Licenses -- Chapter 17: If You Build It Privately...They Will Come -- Private Solutions for Public Services -- Economists Attack Public Financing.

The Sports Economist -- Chapter 18: Who Is Henry Spearman? -- Elementary Economics, My Dear Watson -- Defending the Free Market -- Who Is This Free-Market Economist? -- More Like Becker? -- Part 4: SOLVING INTERNATIONAL PROBLEMS -- Chapter 19: Eco-nomics Debate -- What about Global Warming? -- The Polluted State: Tragedy of the Commons -- Cap-and-Trade, or Carbon Tax? -- Chapter 20: The Population Bomb -- The First Population Alarmist: Reverend Malthus -- Malthus's Sins of Omission -- Chapter 21: A Private-Sector Solution to Extreme Poverty -- Private-Sector Microlending -- Saying No to the World Bank -- From Marxism to Marketism -- Chapter 22: Poverty and Wealth: India versus Hong Kong -- From Tragic India... -- ...To New India -- Chapter 23: How Real Is the Asian Economic Miracle? -- The Cause of the Miracle -- Krugman's Challenge -- The Tyranny of Numbers -- Singapore's Economic Miracle -- The Lessons of Asia -- Chapter 24: Whatever Happened to the Egyptians? -- Islamic Economics -- Chapter 25: The Irish Economic Miracle -- Outlook by Top Economists -- The Celtic Tiger: The Luck of the Irish -- The Future Is Boundless -- Chapter 26: The Marginal Tax Revolution -- Introducing the Laffer Curve -- The Flat Tax Movement -- Chapter 27: The Debate Over Economic Inequality -- The Work of Stanley Lebergott -- Everything Is Cheap and Getting Cheaper -- Benefits to the Poor and Unskilled -- Today the Poor Are Gaining -- Chapter 28: One Graph Says It All -- Economic Freedom: A Cost or a Benefit? -- The New Enlightenment -- The Creation of the Economic Freedom Index -- Heritage/Wall Street Journal Study -- Economic Freedom and Growth -- Ending Political Corruption: The Virtue of Being Rich -- Critique of the Economic Freedom Indexes -- Chapter 29: Amazing Graph -- The Impossible Dream of One Faith -- Chapter 30: Peace on Earth, Good Will toward Men.

Commerce and Trade Break Down Barriers -- The Case for Religious Competition -- Part 5: PREDICTING THE FUTURE -- Chapter 31: New Yale Forecasting Model -- A New Macro Model at Yale -- Chapter 32: Forecasting Elections -- Which Forecasts Better: Gallup or IEM ? -- Who Won in 2000: Bush or Gore? -- Why Speculators Outperform Pollsters -- Chapter 33: What Drives the Economy and Stocks -- The Importance of Say's Law -- What the Leading Economic Indicators Are Telling Us -- What about the Consumer Confidence Index? -- Why Doesn't the Conference Board Include Corporate Profits as a Leading Indicator? -- Beware of Keynes's Law -- Gross Domestic Expenditures (GDE): A New Measure of Total Economic Activity -- U.S. Commerce Department Introduces New Macro Statistic -- Chapter 34: The Midas Metal -- What's Missing from This Picture? -- Return to the Gold Standard? -- Not Just Another Commodity -- Gold as an Inflation Hedge -- Two Amazing Graphs -- Gold as a Profitable Investment -- Gold as a Forecaster -- Chapter 35: Is Another Great Depression Possible? -- The Impact of the Great Depression -- The Cause of the Great Contraction -- The Prolonged Slump -- What Got Us Out? -- Can It Happen Again? -- Chapter 36: Today's Most Influential Economist? -- Other Austrian Heroes: Drucker and Schumpeter -- A Tale of Two Cities -- The Great U-Turn -- Chapter 37: Economics for the 21st Century -- The Crimes of the Twentieth Century -- The Economic Miracle of the Twentieth Century -- Beware the Enemy -- Notes -- About the Author -- Index.