Robert Genetski's contributions in the world of economics and finance range from serving as Chief Economist for a major Midwest Bank to teaching at NYU and the prestigious University of Chicago's Graduate School of Business. In between, he has managed to be crowned a top-five speaker in the field of Economics and Finance, and is renowned for the simplicity with which he explains critical elements and classical principles of economics.
After receiving his Ph.D in economics from New York University (NYU), Genetski worked in the banking industry and subsequently founded of his own economic and financial consulting service. He has served on the board of directors for several public companies and provides insights on his website www.classicalprinciples.com . In his free time, he has also managed to author several other books, notably A Nation of Millionaires, Taking the Voodoo Out of Economics, and Winning with Money. Having made a name for himself in the Who's Who in Finance and Industry, he also writes regularly for Japan's leading business newspaper, Nikkei Financial Daily. Dr. Genetski has been a longtime advocate of classical economic principles. Not unlike Adam Smith in The Wealth of Nations, he has used his knowledge of these principles to create economic forecasts, from correctly predicting stagnation in 1977, an economic revival in the 1980s and 1990s, to historically low interest rates in 2001. In early 2008 he warned of a financial collapse, six months before it occurred. The bottom line in all of these predictions is that the negative predictions correlate with a shift away from the implementation of the classical economic principles and vice versa. Ultimately, Dr. Robert Genetski's illustrious credentials make him the ideal fit to author Classical Economic Principles & the Wealth of Nations in an attempt to reiterate the economic formula that has catapulted the United States to the top for so many years.Genetski Forecasts
In the late 1970s he correctly forecast that shifts away from classical economic principles would produce high inflation and difficult economic conditions. In the early 1980s, he correctly forecast that tax cuts would end the nation's economic malaise by boosting productivity and helping to reduce both inflation and interest rates. In 2001 he accurately explained why interest rates were headed to historically low levels. In 2003 he correctly predicted that tax cuts would dramatically increase economic growth and lead to higher stock prices. In 2007 he told audiences that monetary restraint would create serious problems for the economy and financial markets. In March of 2008, when the Federal Reserve was forecasting an economic recovery, he warned that the Fed had inadvertently adopted an overly restrictive policy that threatened to lead to a financial collapse. In early 2009 he explained why an upturn in the economy was not likely to begin until mid-year and why the Federal Reserve's monetary policy was far less accommodative than most people believed.Unsolicited Testimonials
Our Wealth Management's "Exceptional Exchange of Financial Insights" was a marvelous success in large part because of your presentation. It was full of your charisma, optimism and most importantly, expert analysis and explanation of classic economic principles. Every one of our guests was delighted with your remarks, as were we. According to our evaluation forms, everyone found your insights stimulating, timely and informative. Everything ranked at the highest marks. I expect you get this input regularly, but still felt compelled to share it with you.-- Sharon R. D'Alessandro, The Private Bank and Trust Company
Everyone I talked with spoke highly of the value of what you had to say, and encouraged the Program Advisory Committee to work harder to find more speakers with equally important information for our members. Rand Baldwin, Aluminum Extruders Council
I want to say thank you for the talk to the AVDA group the first of last week. I would like you to know I had great reviews on your talk. The subject of the talk was just right for that group. Bill Stovell, American Veterinary Distributors Association
Your participation was one of the crowning points of the morning. Over and over again people have been asking, How can we top this year's Annual Meeting? You have laid quite a challenge for us to come up with just half as good a speaker for next year as you were. Marlene Tegmeyer, Elmhurst Economic Development Council
