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Robert Genetski

Robert Genetski, Ph.D., one of the nation’s leading economists and financial advisors, has spent more than 35 years promoting the use of classical economic and investment principles for sound financial decisions. He heads ClassicalPrinciples.

Genetski heads ClassicalPrinciples.com and is a popular speaker who entertains thousands of people at conferences and investor meetings around the world each year. He is one of the nation’s premier interest rate forecasters and investment advisors, providing insights to economic, financial, and investment matters.

Genetski is well known for his research and advocacy of classical economic principles. These principles provide a reliable guide to creating both a healthy economy and profitable investment opportunities. He has conducted pioneering research into the role of taxes and their impact on economic prosperity.

In the early 1980s, Genetski 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. And in March 2008, as the Fed was forecasting an economic recovery, he warned the Fed had inadvertently adopted an overly restrictive policy that threatened to lead to a financial collapse.

As a member of Blue Chip forecasters, Genetski has been commended on his ability to out-forecast the pack. He was listed on two separate occasions as the number-one interest rate forecaster in the country, according to Institutional Investor Magazine and Blue Chip Financial Forecasts.

During the course of his career Genetski has served as senior vice president and chief economist for a major Midwest bank and has headed asset management, investment research, and investment banking operations.

Genetski has authored several books and numerous articles. He authored Taking the Voodoo Out of Economics (1986), an influential book that anticipated and shaped many of the major policy changes that are now occurring throughout the world. He is also author of A Nation of Millionaires (1997), published in cooperation with The Heartland Institute, which provides his vision of the changes in government policies that will shape the economic and financial landscape in the twenty-first century. Genetski also wrote Classical Economic Principles & the Wealth of Nations (2011), and Rich Nation, Poor Nation: Why Some Nations Prosper While Others Fail (2017). Genetski gave a presentation about Rich Nation, Poor Nation at a Heartland Institute event (watch it here), and discussed it on the Heartland Daily Podcast (listen here.)

Genetski earned his Ph.D. in economics from and has taught economics at New York University and at the University of Chicago’s Graduate School of Business. He has served on numerous boards of directors and writes a regular column for the Nikkei Financial Daily, Japan’s leading business newspaper.

Recent Articles and Publications

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September 8, 2017
By Robert Genetski, Christopher Garbacz, Clifford Thies
"If Congress provides sufficient incentives for taxpayers, while containing the growth in federal spending, the economy will soar" - Robert Genetski
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March 1, 2017
By Jim Lakely, Robert Genetski, Bette Grande, S.T. Karnick, David L. Applegate, H. Sterling Burnett, Jesse Hathaway, Michael Hamilton, Jane M. Orient, M.D., Bruno Behrend, Lennie Jarratt, Isaac Orr, Tom Harris, John McAdams, Terry Stoops, Joe Cobb, Christopher Garbacz, James H. Rust, John Dale Dunn, Clifford Thies, Sandra Stotsky, Kenneth Haapala
"President Trump’s speech should help him gain public support for his programs. Inviting Democrats to put petty politics aside and work with him for the good of the country was a reasonable request." - Robert Genetski
November 25, 2014
By Robert Genetski
In the wake of the recent elections, there is one thing both parties still agree on: Middle-income families are being squeezed and voters are angry. But why? And what should be done about it?
January 29, 2014
By Joseph Bast, Robert Genetski, Ronald D. Rotunda, Benjamin Domenech, Joy Pullmann, Robert G. Holland, Steve Stanek, Craig Idso, John Coleman, Marc Morano, Kenneth Haapala, Marita Noon, Jonathan Steitz, Kurtis B. Reeg, Tibor R. Machan, Jane M. Orient, M.D., Alan Caruba, Richard Ebeling, Eugene Kontorovich, Jack A. Chambless, Barry P. Keating
The following statements reacting to President Barack Obama’s State of the Union address Tuesday night from staff, fellows, and policy advisors at The Heartland Institute – a free-market think tank – may be used for attribution.
May 1, 1996
By Joseph Bast, George A. Clowes, Robert Genetski
In Part 1 of this report, we replied to the March 1996 report of the Governor's Commission on Education Funding.In this second and final part of our report, we advance an alternative set of principles for school finance reform in Illinois.
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May 1, 1996
By Joseph Bast, George A. Clowes, Robert Genetski
In his January 1996 State of the State address, Governor Jim Edgar told legislators: "We rely too heavily on property taxes to fund education in Illinois. It is time to squarely address these issues.
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November 1, 1992
By Randy E. Barnett, Joseph Bast, Robert Genetski, Daniel D. Polsby
In 1992, the city of Chicago was reeling from the shooting death of Dantrell Davis, a 7-year-old boy caught in the crossfire of gangs battling for control of the city's notorious Cabrini Green public housing project.

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