5 Easy Theses: Commonsense Solutions to America’s Greatest Economic Challenges

5 Easy Theses by James M. Stone tackles five major economic problems facing the United States today. Stone has given considerable thought to the subject of economic renewal based on years of pertinent experience. He holds a PhD from Harvard, where he taught until being appointed Insurance Commissioner of Massachusetts and subsequently Chairman of the Commodity Futures Trading Commission. He currently is CEO of Plymouth Rock Assurance Corporation, which he founded over thirty years ago.

The book divides these areas into fiscal balance, inequality, education, healthcare, and financial sector reform. It is encouraging to read about potential solutions, some of which would not be that difficult to implement. However, Stone makes no promises that Congress or citizens will rally behind his suggestions. His discussions of wealth and opportunity inequality are admirable, since many experts shy away from these subjects for fear of being unpopular.

Stone’s observations include how excessive spending on advertising and marketing are adversely affecting our healthcare system, why privatization of Social Security won’t fix the problems inherit in that system, and how extending legal advantages to corporations that were intended for individuals is a mistake.

This is a timely book for readers of all ages who believe the time for change is now.