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Acknowledgments

Acknowledgments

One gratification that comes with completing a book is that I now get a chance to thank those who I relied on for advice, contacts, and support along the way. To be sure, there are many people to thank. So many, in fact, that mentioning all their names would greatly lengthen the size of this book. Still, there are some that deserve special mention because they were so giving of their time and in their counsel.

I must begin by breaking with some tradition. It is customary practice in these pages to reserve thanking your family until the end. However that order makes little sense to me in this case. My family deserves top billing here because I relied on their support the most these last two years. From day one I expropriated a room in our home and turned it into an impassable maze of documents, newspapers, and boxes. Indeed we can no longer recall the color of the carpet underneath. Moreover, during the last two years, when I was writing or traveling, the burden of overseeing family and household matters fell largely on my wife, Debbie. She was the one who got our three girls off to school every morning, prepared their lunches, helped with their homework, chauffeured them to play dates, met with teachers, accompanied them for doctor check-ups, got them ready for bed, paid the bills, and so much more. Without a doubt, this book would not have been possible without her support and love. Nor will I ever forget how my daughters, Ashley, Rachel, and Nicole, tried to help me in the first days by printing up “do not disturb” signs and then taping them outside my door. From beginning to end, my family provided the best home environment for me to carry out this project, and for that I will always be grateful.

I am also indebted to Carolina Buia (writer, television journalist) and Marc Lieberman (NYU economics professor). Both listened to my ideas, read the initial treatment of the book, and opened some very important doors to the publishing world. I also benefited greatly from the experience and wisdom of others, including Adam Cohen (New York Times), Jordan Goodman (personal finance author), Dan Kadlec (TIME), Jeffrey Liebenson (KMZ Rosenman), Larry Moran (Bureau of Economic Analysis, Commerce Department), Michael Panzner (HSBC Securities), David Skidmore (Federal Reserve Board), as well as Sue Hensley and Gary Steinberg (Department of Labor).

There are two people I'd like to name who were not involved in the preparation of this book, but were nevertheless enormously important to me because I learned so much from them about economic journalism. They are Bill Saporito, TIME's exceptionally gifted business editor, and the late George Church (TIME and the Wall Street Journal), who was a brilliant writer on all topics but none more so than on economics. I view both their works as the benchmark in excellent writing and editing.

Finally, one of the luckiest things to have happened to me was to work with Jim Boyd, my editor at Prentice Hall. Writing a book the first time can be a daunting experience but Jim made the process so much easier with his intelligent guidance and sense of humor. It was a real privilege working with him. I also want to thank Michael Thurston, project editor at Pearson Education, who supervised the production of this rather complicated book.

Let me make one last note. Though I made every effort to make sure this book is accurate, I alone am responsible for any follies that might have slipped through.

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