Michael Korda was, for many years, editor-in-chief at the Simon & Schuster book publishing company. He has

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Michael Korda was, for many years, editor-in-chief at the Simon & Schuster book publishing company. He has written about the many books that have become bestsellers by promising to give readers financial advice that will make them wealthy, by, for example, buying and selling real estate. Korda is skeptical about the usefulness of the advice in these books because "I have yet to meet anybody who got rich by buying a book, though quite a few people got rich by writing one." On the basis of the analysis in this chapter, discuss why it may be very difficult to become rich by following the advice found in a book.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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