Non-Financial Capital in the 21st Century: How Information Inequality Drives Income Inequality

What Knowledge Workers need to know to stay competitive and differentiate themselves on an on-going basis. This book summarizes the particular findings Baker and Baron published in Bourdieu's Demon, the ＄1.5 million dollar analysis of how the top 5% employed professionals deploy their discretionary time and money. As the value of corporations increasingly becomes a function of their "intangibles" the knowledge professionals who are most effective at creating those intangibles will become increasingly valuable. This is a fast read well worth the investment of a reader's discretionary time and money

RICHARD BAKER A university valedictorian (University of Dallas), Richard Baker worked closely with former Harvard and MIT professors in his early career consulting to NASA and corporations such as General Motors and PanAmSat. He subsequently founded a consulting company serving major clients in communications and automotive electronics. The firm held offices in Frankfurt as well as in Detroit and Dallas and was eventually sold to J.D. Power and Associates. In 2003, Baker founded the Premium Knowledge Group, which provides sophisticated behavior-based research and analytics for modeling and marketing to over 70 million affluent consumers in the U.S. Current clients include Brooks Brothers, Forbes, and Chanel. MICHAEL BARON Professor and David Carroll Professor of Mathematics (2014 - Present); Department of Mathematics and Statistics, American University, Washington DC, 20016 Professor (2006 - 2014), Associate Professor (2001 - 2006), Assistant Professor (1995 - 2001); Department of Mathematical Sciences, The University of Texas at Dallas, Richardson, Texas, 75080 Academic Visitor (2003 - 2004); Department of Mathematical Sciences, IBM T. J. Watson Research Center, Yorktown Heights, New York, 10598 Instructor (1995), Department of Mathematics and Statistics, University of Maryland, Baltimore County, Baltimore, Maryland, 21250 Educational History -Ph.D. in Statistics (1995). The University of Maryland, Baltimore, MD. Dissertation: Confidence Estimation in the Change-Point Problem. Advisor: Professor A. L. Rukhin (Mathematical Statistics) -M.S. in Mathematics (1992). State University of St. Petersburg, St. Petersburg, Russia. Dissertation: On the First Passage Time for Queuing Processes. Advisor: Professor I. A. Ibragimov (Probability Theory) Recognition -Fellow of the American Statistical Association (2013) -Regents’ Outstanding Teaching Award (2014) -Abraham Wald Prize for the best paper in the Journal of Sequential Analysis (2007) Areas of Interest -Sequential analysis and optimal sequential designs -Change-point estimation and on-line detection Multiple comparisons