Expertise My in-depth knowledge of economics is confined to three sub-disciplines: Austrian economics, industrial organization, and evolutionary economics. Other questions dealing with macroeconomics, the traditional neoclassical paradigm, labor economics, environmental economics, agricultural economics, health economics, and so on should go to those who have the appropriate expertise.
N.B.: I DO NOT ANSWER QUESTIONS MARKED 'PRIVATE' because I believe that knowledge should be shared, not hoarded. I also believe that such questions are likely to come those trying to cheat. Similarly, as one who was a full-time academic for half a decade, I can recognize test and homework questions several time zones away. Therefore, please do not demean yourself by submitting such questions to me. Those who do so are cheating, pure and simple, and I WILL call you out publicly if I believe you are doing so. I have a zero-tolerance policy where cheating and dishonesty are concerned.
In addition, please don't imitate the businessman who posted a request for help in August 2008. He expressly denied that he was seeking "investment advice" and said that his query was for, and I quote, "educational and informational purposes." Later, he allowed as how his questions related to the possible purchase of a $500K piece of equipment. I said I thought he had misrepresented himself. Bottom line: high-end business consulting is how I make my living. I am the sole support for my family. Please respect that fact and don't try to get for free what our clients pay for. If your company is big enough to have a sophisticated problem, it's big enough to pay for the kind of expert advice we provide. Beckmill Research, LLC, is a 95-octane firm. We're small, but we've been at this for nearly 18 years. We know what we're doing.
Finally, please DO NOT ask for investment advice. I am not licensed to provide such advice. If you want such advice, check with your financial planner or other financial adviser.
Experience I work with Austrian economics (which is different in major respects from the traditional neoclassical model), industrial organization (which is about industry structure, conduct, and performance), and evolutionary economics (almost, but not quite, the economic analog of its biological counterpart) everyday in my work. I appraise closely-held businesses, provide exit-planning services, and offer high-level strategic analysis, advice, and clients to CEOs and owners of mid-sized businesses. Understanding, applying, and writing about these disciplines is an essential part of how I have made my living since 1993.
Organizations CFA Institute, Strategic Management Society, American Society of Appraisers, Institute of Management Accountants, Academy of Management, Culver Legion
Publications CFA Magazine, Strategic Finance, Valuation Strategies, Value Examiner, Journal of Advanced Property Economics, Harvard Business Review, American Fly Fisher, CFA Digest, CPA Expert, and Business Valuation Review, among others
Education/Credentials MBA - Oklahoma State (1991)
BBA - U. of Oklahoma (1975)
Chartered Financial Analyst designation (2006)
Accredited Senior Appraiser (2006)
Certified Management Accountant (1992)
Certified Public Accountant (1992)
Q: I have a question. If everyone in the world, had the same amount of money. Which i think would make ... A: It's hard to know where to start on this one because the world is not static the way your question ...
Q: Docs99 This question may seem a bit silly for you, but as an ordinary person it's something I've ... A: Prices go up due to many reasons. Utilities, e.g., may go up if the price of oil goes up. My ...
Q: i saw your answer on a question about oppurtunity cost and it was very usefull to me. I would like ... A: I answered the question you asked. Believe me, my friend, separating "economic profit" from ...
Q: i saw your answer on a question about oppurtunity cost and it was very usefull to me. I would like ... A: Jordy. Glad to help. I do not see a connection between "economic profit" and "opportunity cost." ...
Q: How private or government organizations get into a loss situation ? How they can come out of it ? A: I thank you for selecting “allexperts” platform and me in particular, to ask an important & eye ...
Q: I had asked this question before here and also searched the website recommended by expert but didn't ... A: Sonia-- Glad to help, as always. President Kennedy's tax cuts were NOT in 1964, my friend. He was ...
Q: I have read about Minimum wage law. Is there Maximum wage law also? if so then what it is? I have ... A: I wouldn't take Wikipedia as a source. You may want to check some Labor Economics textbooks. I don't ...
Q: Sonia again. I have a question about Credit cards. I was reading about 3 kinds of money functions - ... A: No, Sonia, credit cards are NOT money. They are not a store of value, and they are NOT a unit of ...
Q: I have read about Minimum wage law. Is there Maximum wage law also? if so then what it is? I have ... A: Thus far there is no such thing as mandatory maximum wages. Some companies, such as Ben and ...
Q: what is the national bureau of standards? can you please put it in high school level for me to ... A: Kaliyah, I'm glad to help you. The best way I can do that is to help you learn to help yourself. So, ...
Q: Warren I am here again to disturb you :) I would be so grateful if you comment to my results. I ... A: You don't give me the distribution of the articles in 1990, but I'm confident that your calculation ...
Q: Miller: Be so kind to ask my question below. I am confused with GDP per capita calculation. As i ... A: Got it, Aytan. The country is Azerbaijan. OK, the first thing is that I think your estimate of the ...
Q: Miller: Be so kind to ask my question below. I am confused with GDP per capita calculation. As i ... A: Aytan-- Thank you for your question, and thank you for using AllExperts.com. I'll be glad to help ...
Q: I need to know that as an MBA what topics will be most suitable for writing a thesis in my Economics ... A: Saima, I think any one of those three topics would be interesting and useful. But if I were making ...
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: Loona, my friend, your English is a WHOLE LOT BETTER than my Japanese! Don't apologize, please. You ...
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: I wish everyone were as prompt and as generous in their responses as you. Thank you so much. Now, ...
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: Loona-- Thank you for your questions, and thank you for using AllExperts.com. Your questions are ...
Q: I live in the US. I would like to purchase a product from a company in the UK. Their price for ... A: You should not be liable for the Value Added Tax in the UK, provided the products are taken out of ...
Q: I was born in 1988 so I really don't know the answer to this question. I have heard by different ... A: I really do not know if we will experience that same kind of inflation and price differences in the ...
Q: I don't quite understand the concepts of leakages and injections in the economy. As I understand ... A: Very sophisticated questions, Amy. Great stuff. I'm delighted to respond. For starters, I think you ...
Q: I have a question about interest rates. In my text book its stated that Interest rate is actually ... A: Sonia-- Thank you for a most interesting question. You have a great mind to think of a question ...
Q: I am taking economics and finding it very difficult. I did pretty good on supply and demand section, ... A: OK. I had to check that. First, you need to plot the function, U = XY, on a graph. Two questions: ...
Q: I am taking economics and finding it very difficult. I did pretty good on supply and demand section, ... A: Rose-- Thanks for your questions. I believe I can help you. However, you also need to help yourself ...
Q: I'm 13 at the time and I make straight A's,only for B's this year,I'm getting ready to go to high ... A: Looks like you know what you want. Congratulations. You may want to start looking at scholarships. ...
Q: I'm 13 at the time and I make straight A's,only for B's this year,I'm getting ready to go to high ... A: That's great, Corinna. I encourage you to keep those goals. DON'T let them get away from you. DON'T ...
Q: What is meant by ceterus peribus? What factors are covered under ceteris Paribus condition in ... A: Go to www.google.com, and input the following (with the quotation marks"): "ceteris paribus" ...
Q: I need to know that as an MBA what topics will be most suitable for writing a thesis in my Economics ... A: I'm glad to try to help you, but I can't do it in a vacuum. In essence--and I don't think you're ...
Q: need some sort of help in understanding it and resolving it. Thanks! 1.The Conservative Reserve ... A: Sonia. I'll be glad to help you. And I do appreciate your effort to choose the right answer. First, ...
Q: need some sort of help in understanding it and resolving it. Thanks! 1.The Conservative Reserve ... A: Sonia, I don't answer questions marked "Private." If I did, I'd be pretty stupid and would be ...
Q: When people earn money in other countries and bring them back to their own country does it fuel ... A: Swapnil. Please allow me to make an assumption: the money they bring back to their own country is in ...
Q: im aashritha and i have question related to disaster management im not sure if it is related to ... A: Sorry I'm such a dunce, Aashritha. How do student volunteers help in disaster management? Well, I ...
Q: im aashritha and i have question related to disaster management im not sure if it is related to ... A: Aashritha-- Thank you for fixing that. I'm assuming that your question is, "How do students ...
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: As long as I'm donating my time, when someone tries to waste it, I'll be as snippy as I choose to ...
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: I'm sorry, Paul, but I take strenuous exception to your characterization of putting jobs where the ...
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: Paul, I think I understand the questions you're asking. I think. Let me take a few swings here, and ...
Q: Doc. I am looking for the best books available about Speculation. I would like to understand the ... A: Speculation is a very broad topic. There is speculation on oil prices, commodities, vintage cars, ...
Q: I am doing my final project for high school, and I need an interview from an expert. We had to ... A: Matt, I'd like to help you, but your questions are just too broad and would consume too much of my ...
Q: I livining in india.One US dollor is 42 indian rupee.How the difference comming?explain me in simple ... A: The exchange rate is the price of one currency in terms of another currency. Basically, the exchange ...