Uncle Eric Talks about Personal, Career, & Financial Security 2nd Edition

by Richard J. Maybury

Book Overview

Uncle Eric s model is introduced. Models (or paradigms) are how people think; they are how we understand our world. To achieve success in our careers, investments, and every other part of our lives, we need sound models. These models help us recognize and use the information that is important and bypass that which is not. In this book, the author introduces the models he has found most useful. Extensively revised and updated."

• Format: Hardcover
• Language: English
• ISBN: 094261738X
• ISBN13: 9780942617382
• Release Date: April 2004
• Publisher: Bluestocking Press
• Length: 187 Pages
• Weight: 0.64 lbs.
• Age Range: 13 to 17 years
• Grade Range: Grades 8 to 12

Customer Reviews

A must read for young adults

This book is absolutely priceless for teaching how to get ahead. It is very insightful into how to save, how much to save and what are the safest investments.

Uncle Eric

Best Book I've ever read on Economics. Should be in every school system.

Excellent Personal and Practical Advise For Financial Security

Maybury begins in discussing mental models or paradigms and how all data we obtain used to support or work with our internal models and how everyone has them and the failure of many educators to understand when obtaining data. We build models, sort data and there's an excellent outline of rules to weigh the evidence. Rather than simply trust the experts, we need to look more towards the hard sciences at least in business and financial security. Now to learn and teach models, in many cases simple stories are more effective than technical data. Two important models of Maybury are the Austrian economics, which can be read in F.A. Hayek's book, "The Road to Serfdom" and Ludwig von Mises, "Planned Chaos," and the model of old British common law, which can be read in Maybury's "What Ever Happen To Justice." While most educations do not include models, the advice is to determine models, and in doing so, Maybury gives excellent advice or steps to obtain one and gathering evidence and a working hypothesis. I've read just about the same method in a more philosophical tone by others such as Ken Wilber and find this significant advice. And see if the model predicts to some accuracy and that it can be tested against other models you already do know. The warning is given to avoid tautology and circular reasoning, which many fall prey to. To watch our for cognitive dissonance or emotional blockage to anyone that challenges your model and to always refrain from absolutism and certainty so you can refrain from the trap of cognitive dissonance with the flexibility and ability to grow in paradigm shifts or model changes. When noticing bad and/or evil actions it is the model behind the actions and data that you need to question. The idea here is that models can merge and become integral as in alchemy and wisdom. In this the LLC or limited liability company represents a bad model, an artificial privilege at the expense of others and distorts the stock markets. Then there is excellent advice on how to acquire helpful models in business and personal character. And since the prosperous employee model has since folded from today's large government and taxes, owning a business can more advantageous, as well as a college degree, developing skills, staying clear from dept., owning assets free from debts, that is better to own a smaller estate free from debt that a large one in high credit, recognizing investments average 4% for stability, investing in short term, watching the world situations for stability, and most important is never to assume your models are complete, always be ready to refine them and consider new models.