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“CNBC broadcaster Joe Kernen and his young daughter Blake<br />

have put together a readable, informative, lively primer on<br />

free-market capitalism.” —Steve Forbes, Forbes<br />

978-1-59184-538-6 • U.S. $16.00 / $17.00 CAN.<br />

Business<br />

5 1/2” x 8 7/16” • 256 pages<br />

1 b/w graph<br />

Rights: W00<br />

Pub History: Sentinel HC,<br />

978-1-59523-077-5<br />

Also available as an e-book<br />

On Sale: 3/27/12<br />

■■updated with new material<br />

suGGesteD oRDeR<br />

Photo © Ethan Stupp<br />

Joe kernen and blake kernen<br />

your teacher said What?!<br />

trying to Raise a fifth Grade capitalist in<br />

obama’s america<br />

every morning on cnbc’s Squawk Box, Joe kernen asks challenging questions.<br />

and at home he does the same with his young daughter, blake. What are you<br />

learning in school? What tV shows do you like? What message did you get<br />

from that movie? your teacher said what?!<br />

When blake was nine, her answers told Joe that she had already absorbed a<br />

distorted <strong>view</strong> of economics—from her school, pop culture, and just about<br />

everywhere else. she was learning that capitalism is unavoidably immoral<br />

. . . that business people can’t be trusted, especially if they run big companies<br />

. . . that trade is bad because it hurts american workers . . . and that no matter<br />

how bad things get, the government will always bail us out.<br />

Joe was outraged. if he couldn’t fix our education system or Hollywood, at least<br />

he could teach blake how capitalism really works, and why it’s worth defending.<br />

He started by asking her to write down phrases she didn’t understand (“What’s<br />

physical stimulus?”). that led to discussions of ideas like credit and the time<br />

value of money; the good and bad aspects of unions; free trade vs. “fair” trade;<br />

and why universal health care in europe isn’t really free.<br />

“A lively and much-needed book.” —Jack Welch<br />

■■National Publicity<br />

joe kernen is the coanchor of cnbc’s longest-running program, the<br />

top-rated morning show Squawk Box. blake kernen is a middle school<br />

student.<br />

a P R i l • P o R t f o l i o<br />

77

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