See if any of your colleagues (from the past to present) have a positive feeling about the fact that they are running on autopilot.
Many business people are known to believe that they are running on autopilot simply because they aren’t aware of all the things that are actually going on in their lives. In the realm of business, this belief is known as “self-deception.” In my opinion, this belief is actually quite harmless. In fact, it often leads to a positive outcome.
The main problem with this belief is that it leads to a self-fulfilling prophecy. As long as you don’t think you are on autopilot, you will not be able to stop yourself from doing things that might hurt you. It is the same principle in business: If you don’t see how your company is performing, then you might miss opportunities that you otherwise would have noticed.
Businesses have a tendency to go through a number of different phases, sometimes called phases of growth, before reaching the point of profitability. For example, the number of customers has to increase before your company can turn a profit. In this book, I discuss six phases of growth and how to use statistical techniques to identify these phases.
The first time I sat down to write an economics textbook that would be published in the U.S., I was looking to include the chapter titled “Statistical Techniques in Business and Economics.” I read the book and thought, “I think that chapter is going to be my best work.
If you’re thinking of getting a copy of this book and you want to know more, you may want to check out Amazon’s book review page. There you can see a list of the book’s reviewers, as well as excerpts of their reviews.
The question of whether or not economics is a science, and if so, even if some people call it a branch of science, is one of the most interesting debates in contemporary science. Economists, such as the Nobel Prize–winning economist Robert Mundella, argue that they are not science.
Economists are scientists. They use statistical techniques to measure the economic consequences of alternative economic policies. They also use these techniques to develop their theories of economic growth.
Economist Robert Mundella is a well-known economist, and I had the chance to meet him last year at the annual conference of the American Economic Association. Since he’s one of the world’s most famous economists, people are always interested to hear what his theories are about, so I was excited to have the chance to ask him about his thoughts on a particular topic. He asked me to make a list of all economic policies.
