This author participates in the Readers' Favorite Free Book Program, which is open to all readers and is completely free. The author will provide you with a free copy of their book in exchange for an honest review. You and the author will discuss what sites you will post your review to and what kind of copy of the book you would like to receive (eBook, PDF, Word, paperback, etc.). To begin, click the purple email icon to send this author a private email.
This author participates in the Readers' Favorite Book Donation Program, which was created to help nonprofit and charitable organizations (schools, libraries, convalescent homes, soldier donation programs, etc.) by providing them with free books and to help authors garner more exposure for their work. This author is willing to donate free copies of their book in exchange for reviews (if circumstances allow) and the knowledge that their book is being read and enjoyed. To begin, click the purple email icon to send this author a private email. Be sure to tell the author who you are, what organization you are with, how many books you need, how they will be used, and the number of reviews, if any, you would be able to provide.
The Author, Louis Holder, worked entirely in the private sector. After completing his tertiary education with concentration in Economics, he was employed by a large New York electric & gas utility attaining the position of Manager of Rates. This position would necessarily focus on microeconomics and during his employ there, he introduced a novel pricing concept at the time, Real Time Pricing. Real Time Pricing is the most efficient use of the price signal to induce appropriate responses to the demand for electricity.
Thereafter, Mr. Holder provided financial consulting services to a large industrial company and chaired manufacturing, renewable energy, and broadband companies. He considers his philosophy for managing economies to be guided by a free-market approach characterized by low regulatory interventions for purposes of safety, social cohesion, and prevention of rent-seeking and corporate concentrations. To the extent that some may be disadvantaged or favored by free markets, he advocates providing basic income support to the former and heavy taxing of the surpluses of the latter.
Although the primary aim of writing is to express an opinion that our political economy is on a destructive path having assumed a short-term focus to wealth creation at the cost of long-term destruction, it is written more as an accessible supplement to formal learning, and particularly suited to students or anyone learning about Geopolitics and Macroeconomics. Accordingly, the language is very straightforward for easy comprehension despite covering macroeconomic concepts and issues, and without the jargon that can be most baffling to the uninitiated.
Reviewed by Jamie Michele for Readers' Favorite
Louis Holder's End of the Road is a comprehensive survey of economic theories and policies, spanning from Adam Smith's advocacy of free markets to contemporary debates on inflation targeting and income inequality. Holder critiques various economic systems and governmental actions, and their impacts on wealth distribution and societal welfare. He scrutinizes trends such as technological disruption in industries and demographic shifts in the labor force, leaning into implications for employment and economic stability. He speaks on the role of central banks like the Federal Reserve in managing monetary policy and addressing financial crises, spotlighting their influence on global economic dynamics. Holder's analysis extends to areas including fiscal policies, debt management strategies, and the sustainability of current economic practices, urging reforms to address systemic challenges and promote equitable growth.
“Debt is the Achilles heel of any economy...” End of the Road by Louis Holder stands out in a crowded economic field by offering a comprehensive and critical analysis of key economic components, revealing the hidden consequences of policy decisions, and providing valuable historical context to understand current economic challenges and potential future impacts. Holder does what my daughter would call “keeping the receipts” by presenting facts to support every argument he makes. For example, he comes to the table on income and wealth inequality using the Gini coefficient and provides a quantitative measure of economic disparity, which is crucial for policy discussions. I most appreciate that Holder isn't afraid to stand behind the realities of how we got here and what has to be done to change it, even if it's controversial, such as the huge economic costs associated with climate change and proactive measures to mitigate these effects, including population control. The work is sound, accessible, and written in an intelligent, academic voice without being cumbersome. Very highly recommended.
