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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.

NOTE: Most of Genetski's recent writing on the economy for the Heartland Daily News can be found here.

Genetski heads 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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August 14, 2019
By Robert Genetski
Review of People, Power and Profits: Progressive Capitalism for an Age of Discontent by Joseph E. Stiglitz
December 4, 2017
By Tim Huelskamp, Ph.D., Jesse Hathaway, Clifford Thies, Robert Genetski, Howard L. Simons, Bette Grande, Charles W. Baird, Gary Wolfram, Barry P. Keating, Russ McCullough
"Just in time for Christmas, the U.S. Senate’s approval of the Tax Cuts and Jobs Act is one of the best gifts taxpayers will find under their tree this year – or even during their lifetimes." - Jesse Hathaway
November 16, 2017
By Tim Huelskamp, Ph.D., Peter Ferrara, Jesse Hathaway, Robert Genetski, Gary Wolfram, Roy Cordato, Scott H. Richardson
"Today, the House finally did what it promised to do, and the result will be a growing economy, higher wages, and a simpler tax code" - Tim Huelskamp, Ph.D.
November 2, 2017
By Tim Huelskamp, Ph.D., S. T. Karnick, Jesse Hathaway, John Nothdurft, Robert Genetski, Christopher Garbacz, Clifford Thies, Charles W. Baird, Gary Wolfram, Joe Cobb, Russ McCullough
"Time is running out for Congress in 2017, and Americans can’t afford to wait another day for relief from government’s ever-expanding intrusion on our lives and wallets" - Jesse Hathaway
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.
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.
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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