After a challenging and disruptive year, millions of Americans — indeed, people worldwide — are desperately searching for the wisdom and insight that can help them rise above the financial problems facing every sector of business and every individual.
Lifelong educator David Parker shares the perspective and principles on which he built a successful career as an entrepreneur and investor in INCOME AND WEALTH: David Parker Essays — Volume One. The lessons that Parker shares with readers in this thought-provoking, transformational work encapsulate the author’s 40-year study of economic history and principles.
When he began his teaching career, Parker broke with conventional wisdom. He chose to not place his faith and his future in the teachers’ union or the government. Instead, he explored how individual actions, regardless of annual income, can lead to the accumulation of wealth.
“Most people in this country don’t realize they are living way beyond their means,” Parker says. The prescription he suggests for wealth creation may not be easy — but it is certainly effective. He urges all young people, regardless of their earning power, to invest half their annual income. “Even those not especially creative or brilliant,” he says, “will generate significant income from their investments within 10 years.”
As the author shares in Income and Wealth, individual responsibility and initiative are essential keys to achieving financial success — and, in fact, is the only sustainable path to this goal. As readers will discover, Parker presents a compelling case for the benefits of free market economics, and he also shares principles and insights that can be used as the building blocks for a step-by-step plan for financial prosperity.
After reading this important new book, readers will have no doubt that “income” and “wealth” are entirely different things, and that any limits upon the first have no bearing upon one’s ability to achieve the second.
About Author David Parker
David Parker began his career in education at age 24 and served students of San Francisco’s inner-city public elementary schools for 40 years as a music teacher, followed by 10 years as a volunteer. While pursuing his career in education, Parker also became a very successful real estate investor. It was success in business that focused his writing, teaching and career as a professional musician. He spent 20 years as a member of the Berkeley Symphony Orchestra and 15 years as leader of the Dave Parker Sextet, which has headlined at San Francisco’s Fillmore Jazz Festival.
As Income and Wealth approached publication, Parker was already hard at work on his next book. His thoughtful essays have been featured in The Economist, The Financial Times and several prestigious law journals. In addition to being an author, entrepreneur and investor, David Parker is also a proud father and grandfather.