Foreword ix Acknowledgments xiii Introduction: A Golden Age of Discovery 1 Part One: Personal Finance: Earning, Saving, Investing, and Retiring 15 Chapter 1: Economist Discovers a Painless Way to Triple Your Savings Rate: The $90 Billion Opportunity 17 Chapter 2: Modern Portfolio Theory: Can You Beat the Market? 25 Chapter 3: Yes, You Can Beat the Market . with Less Risk 31 Chapter 4: High-Return Investing: Lessons from Yale's Endowment Fund 41 Chapter 5: How Chile Created a Worker-Capitalist Revolution 47 Chapter 6: The Call for Social Security Reform 53 Chapter 7: $4,000 a Month from Social Security? 57 Chapter 8: How the Private Sector Solved Its Own Pension Crisis 61 Chapter 9: The Four Sources of Happiness: Is Money One of Them? 65 Part Two: Economists Enter the Corporate Boardroom 69 Chapter 10: Improving the Bottom Line with EVA 71 Chapter 11: How Ludwig von Mises Helped Create the World's Largest Private Company 75 Part Three: Solving Domestic Problems 81 Chapter 12: Look, Ma'am, No Traffi c Jams! 83 Chapter 13: Patient Power: The New Consumer-Driven Medical Plan 93 Chapter 14: Back to Basics: Competition Enters the Classroom 103 Chapter 15: Chicago Gun Show 107 Chapter 16: Economists Catch Auction Fever 113 Chapter 17: If You Built It Privately . They Will Come: The Economics of Sports Stadiums 125 Chapter 18: Who Is Henry Spearman? Economics of the Mystery Novel 131 Part Four: Solving International Problems 135 Chapter 19: Eco-nomics Debate: Angry Planet or Beautiful World? 137 Chapter 20: The Population Bomb: Economists Enter the Malthusian Debate 143 Chapter 21: A Private-Sector Solution to Extreme Poverty 147 Chapter 22: Poverty and Wealth: India versus Hong Kong 153 Chapter 23: How Real Is the Asian Economic Miracle? 157 Chapter 24: Whatever Happened to the Egyptians? 163 Chapter 25: The Irish Economic Miracle: Can We Grow Faster? 167 Chapter 26: The Marginal Tax Revolution: The Laffer Curve Goes Global 171 Chapter 27: The Debate over Economic Inequality: The Rich Get Richer, and the Poor Get . 177 Chapter 28: One Graph Says It All: The Development of the Economic Freedom Index 185 Chapter 29: Amazing Graph: Economists Enter Sacred Ground 197 Chapter 30: Peace on Earth, Good Will toward Men: The Case for Religious Competition 201 Part Five: Predicting the Future 205 Chapter 31: New Yale Forecasting Model: Has the Irving Fisher Curse Been Lifted? 207 Chapter 32: Forecasting Elections: Economists Do It Better! 213 Chapter 33: What Drives the Economy and Stocks: Consumer Spending or Business Investment? 217 Chapter 34: The Midas Metal: A Golden Comeback 225 Chapter 35: Is Another Great Depression Possible? 233 Chapter 36: Today's Most Influential Economist? 239 Chapter 37: Economics for the 21st Century 243 Notes 247 About the Author 265 Index 267.