Groton, MA (PRWEB) August 22, 2014
Author Emil Rechsteiner observes that the first decade of the third millennium brought economic stagnation, poverty and long stretches of unemployment to millions of Americans while a small elite prospered beyond their wildest dreams. The rising level of despair over long-term unemployment and the widening chasm between the rich and the poor impelled Rechsteiner to write “ECCORNUCOPIA,” an enriching book which proposes economic equality in the United States.
“ECCORNUCOPIA” is a call and a challenge for positive economic change. At the outset, the book points out that corporate and personal tax evasion are the principal reason for economic stagnation and for the harsh conditions of the powerless. This condition allows the rich to perpetuate themselves in affluence and power. In his book, Rechsteiner utilizes the Keynesian theory of economics to help end the problem US is currently facing. According to John Maynard Keynes, the popular British economist, in times of inadequate economic activity, governments should spend heavily on improving infrastructure, thereby putting unemployed people to work and creating value for the entire country.
Rechsteiner’s work also recognizes the contribution of eccornucopias like the Wright Brothers and other inventors and entrepreneurs, whose efforts pushed the economy forward in major ways for the benefit of many. By enlightening people with the status quo and equipping them with the right economic knowledge, he hopes to restore fairness and prosperity in America.
“I want readers to realize that the recent and ongoing hard times are not inevitable, but result from policies, from decisions made by people. Such policies are subject to change. We must not just hope for better times; we must act, must change these policies, we must elect legislators smart enough to recognize good policies from others based on tired myths that prolong the agony,” says Rechsteiner.
“ECCORNUCOPIA” is a great resource for analysts, students and the general public.
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About the Author
Emil B. Rechsteiner was born in St. Gallen, Switzerland. In 1952, he migrated to the United States. He has an undergraduate and a master’s degree in business administration
ECCORNUCOPIA * by EMIL RECHSTEINER
Restoring Fairness and Prosperity in America
Publication Date: May 15, 2014
Trade Paperback; $19.99; 138 pages; 9781493182411
Trade Hardback; $29.99; 138 pages; 9781493182404
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