family-economics
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I wish I could've given this book more stars...
Updated Book
One stop shopping for frugal food information!
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The kind of analysis to be expected from a social worker.Blau's personal bias's plague the text, and render it as useful and believable as a textbook from the U.S.S.R., although because of the well known publisher a lot of otherwise educated people with average data analysis skills might be tempted to overlook some obvious errors. That would be a grave mistake.
Social workers play an important role in our society- increasing the efficiency of those who have suffered some kind of trauma (those who have witnessed murders, or been raped, for instance). However- this book highlights the need for increased scrutiny of claims by those who lack training in the areas they write on.
A Very Disappointing BookNevertheless, I opened this book -- published by a distinguished press -- with an open mind, sincerely hoping to learn as well as to be challenged. Neither happened.
Essential to Blau's case for greater government intervention and more "economic democracy" is his factual claim that recent prosperity is an illusion, save for all but the richest Americans. He cites familiar statistics and studies purporting to prove that the average American household reached its peak of earning power in 1973 -- and that it's been downhill ever since. (At one point Blau actually says that prosperity of the sort that Americans knew during the first 30 years following WWII has "disappeared without a trace." Is he serious?)
From time to time, Blau seems to recognize the many problems that have been pointed out with the data he relies upon, but his efforts to meet those objections are weak. More importantly, Blau totally ignores the important research done by economists showing that the average American worker's ability to consume almost all goods and services available on the market is greater today than it was at any time in the past -- including 1973.
If you're looking for well-researched, well-written books that offer clear pictures of the change in American living standards over the years, Blau's book isn't one. Instead, read W. Michael Cox and Richard Alm, MYTHS OF RICH & POOR (Basic Books, 1999), and Stanley Lebergott, PURSUING HAPPINESS (Princeton University Press, 1993). These books are written by economists who know how to use, evaluate, and report empirical data.
In short, no serious person who evaluates the evidence objectively can conclude that the average American worker hasn't enjoyed substantial improvements in living standards over the past quarter century. Indeed, even those tiny handful of Americans (about 5%) who never move out of the lowest income-earning quintile have enjoyed significant increases in their ability to purchase almost all goods and services available on the market.
In addition to painting a woefully distorted picture of reality, Blau's theoretical arguments display a grave failure to grasp the most basic economic principles. For example, in arguing against free trade, he naively assumes that "business" is a great monolith -- monolithically in favor of free trade because free trade gives it access to cheap labor.
But on trade issues there is no monolithic business interest. Some businesses favor free trade because it promises them greater profits, while other businesses oppose free trade because it will subject them to greater competition. Ask USX if it supports free trade in steel. The answer you'll get is a resounding "no!" Ask American sugar farmer if they support freer trade in sugar. Again, "no!" Ask U.S. airlines if they're willing to let foreign air carriers transport passengers on domestic U.S. routes. "Not a chance!"
In truth, business people have been among the greatest and most successful opponents of free trade throughout history. To assume, as Blau does, that free trade helps business at the expense of workers and consumers is among the most tired and well-refuted objections to free trade.
Countless other flaws mar this book. I cannot in good conscience recommend that anyone read it.
Illusions of Prosperity
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unreliable informationEven worse, the authors don't have all their facts right. For example, they say that the earnings on college 529 plans are subject to taxation once you start withdrawing from the account. I did a little more research--this is just plain wrong. Until the year 2010, all gains are, in fact, completely sheltered. This is a pretty serious error for a personal finance book to make, especially when your children's education is at stake.
I wish I could comment about the rest of the book, but I don't trust it.
Book of Common Sense without Substance
Response to Unreliable InformationIt is important to note when books were published. There are still many excellent financial books sold that predate changes in tax law. Internet users should also be aware of articles they read on many web sites. Many have been written years ago and never updated. Beware of those that have no date at all.
Elizabeth Lewin, Co-author of Family Finance

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NOT helpful!I was also highly insulted by the section entitled "The Main Reason Why We Do This Every Day," which depicted a large pile of money. Some of us are not in the CHILD care business just for the bucks! I would have liked more tips on daily activities for the children, and less advice on collection agencies.
Reading this book made me nuts!
I was very pleased with Mrs. Terri Simmons
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a peep show, written by an feminist hack
An excellent read, well-written and interesting
smart book on an old subject
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Practice your editingThe author is 'present' in the story, telling about himself and his business. A few of his insights are clever.
Let your family be your motivation for success.
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Very disappointing !
New approach means "as opposed to the usual approach"....His "new approach" is opposed to the usual negotiation stance whereby we try to "win" at negotiation by "beating" the other side, and we must learn "tactics" to prepare ourselves better to win.
I like Gavin's approach much better: he teaches that a principled approach is the only way for both sides to get what they want, and that it will go farther to maintaining the relationship for future negotiation. Negotiation is just one of several modes of conduct within relationships; there is also force, coercion, persuasion, influencing, etc., but not all of these modes will do when both sides are of equal status and want to maintain a good relationship.
For example, Gavin teaches that one should never give up something (some point, issue, item) without getting something in return. In order to do such, you must know what the issues are, what priority you place on each, and on what points you think the other side may be willing to concede. Then, you can trade one of your lower priority negotiables for one that is higher priority for you. Maybe this idea is self-evident for others, but it wasn't for me, and I have since used this in all of my negotiations, especially contractual and job responsibilities.
I recommend this highly to those who feel that you have been cheated in too many negotiating situations. I give it only 4 stars, however, as I feel that he could have included a chapter summarising some of the other negotiation teachings out there.


Large families are Wonderful
A Different View
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don't waste your time...
Disappointed in Dixie
Power Tools for Building a BusinessThe County of Kern California has contracted with the author to conduct this process with local businesses. To date, they can account for 190 new jobs, because the owners are running their businesses better. The "Journal of Accountancy" published the family business checklist in the book as a guide to help CPAs work better with family businesses.
The people who have benefitted from the book would rate it five stars. END

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Get a life!It may have worked extremely well in his family - good luck if it has - but I find the underlying money-centric values quite disturbing.
This is one way of doing things.
Teaching tool for parents, teachers, grandparents