Dallas/Ft. Worth, TX—As the country sinks further into recession, speculation concerning when and how the downturn will end is topped only by the sport of fiscal finger pointing. It was corporate greed, some say. It was regular people living far above their means, others protest. It was the Republicans…or the Democrats…or all the media pundits pointing fingers.

Financial expert David Cowan offers a more reasonable answer. “We’re all responsible. We share the blame. And it’s not so much that people got greedy. They just forgot the laws of gravity. What goes up must come down,” he says. “People should have seen this coming at some point and prepared for it. If you’re clever enough to fill out a credit card application or second mortgage, then you’re clever enough to plan for the day when the economy takes a downward turn. This is as true for the people on Wall Street as it is on Main Street.”

David Cowan has worked as a journalist, editor, and bank executive in Europe and North America for organizations such as Financial Times, Euromoney,and the World Bank Group in Washington, D.C. He has also written for the Washington Times,the Times of London,and the Middle East and been interviewed by major print, television, and radio media, including CNBC, Bloomberg TV, the Wall Street Journal,and BBC Radio.

As a native Briton who spent many years living and working in Washington, D.C., Cowan’s understanding of the reality of American politics and fiscal policies is informed by firsthand experience and untainted by political partisanship. He delivers insightful commentary on issues like:

· Financial Responsibility

· Monetary Ethics

· Basic Financial Planning

· Use of Credit

· How the Economy Functions

· The Basics of Business

· How Financial Markets Operate

· The Global Economy

With a graduate degree in theology from Oxford University, Cowan is also available to speak on the intersection of theological issues and the economy, a topic he addresses in detail in his book Economic Parables: The Monetary Teachings of Jesus.

In contrast to a growing number of media commentators advocating steps towards a socialized economy, Cowan believes that the free market economy is the only viable system for the long term. “The economy is not like the nice groomed garden that social planners are trying to create,” he says. “It is much more like a wild garden where the hardier plants and weeds keep on coming back, no matter what you do. The sooner people begin to understand the way the economy really operates, the sooner we can talk about the real world.”

For more information about David Cowan and his book Economic Parables (available from Paternoster), see www.economicparables.com.