“The textbook business can be very very lucrative. Fed Chairman Ben Bernanke is co-author (from before he was in government) of ‘Principles of Economics’ and ‘Principles of Macroeconomics’ (written with Robert Frank, published by McGraw-Hill) and ‘Macroeconomics’ (with Andrew B. Abel and Dean Croushore, from Pearson). It appears that the McGraw-Hill books are more lucrative, generating $100,000 to $1 million in income for the chairman, who also made $50,000 to $100,000 from Pearson.”
http://www.economicpolicyjournal.com/2013/08/bernanke-textbook-royalties.html
(Visited 40 times, 1 visits today)
Related posts:
End the Empire
Baltimore must return $2.8mn after audit finds faulty speed cameras
1,358 Children and Counting — Trump’s “Zero Tolerance” Border Policy
Trump's New Iran Sanctions Take Nike Shoes Off World Cup Team's Feet
The Path to $10,000 an Ounce Gold, Revisited
Parking Agent Hogs Handicapped Spot, Gets Sacked
A Powerful Legal Tool, and Its Potential for Abuse: Material Witness Orders
Boy clinging to his dead father at wedding: the face of US-backed Yemen war
General Rebellion and Media Choices
Arkansas mayor fires rifle seized by police, shattering city hall window
Colorado county puts seceding to form 51st state on November ballot
Fresno Police Say “We Are Not An Occupying Force.” Residents Feel Otherwise.
Surgical delays cost Canadians nearly $1 billion in lost time in 2012
My 3 Cents On Cancer: Jack Andraka at TEDxSanJoseCAWomen
Jim Rogers: I Bought More Gold Today; Bull Market Far From Over