How An Economy Grows And Why It Crashes
Understanding how all the pieces of an economy fit together can be a daunting task—especially when the experts can't seem to do it. But when you get down to the basics, it is much easier than you may think. How an Economy Grows and Why It Crashes uses illustrations, humor, and accessible storytelling to take economics off its lofty shelf and put it back on the kitchen table where it belongs.
This straightforward story of fish, nets, saving, and lending exposes the gaping holes that lie hidden in our global economic conversation. With wit and humor, the Schiffs explain the roots of economic growth, the importance of trade, savings, and risk, the source of inflation, the effects of interest rates and government stimulus, the destructive nature of consumer credit, and many other economic principles that are so frequently discussed and so poorly understood.
The story may appear simple on the surface but it will leave you with a powerful understanding of How an Economy Grows and Why It Crashes.
the first few chapters do a great job of explaining basic economic concepts. Later the author gets very political to the extreme in attacts on Keynesian economic policiesPublished 4 days ago by John Holaday
Not worth the buy, it does cover some basics, but overall it is full of opinionated scenarios that don't hold up in the real world. Read morePublished 4 days ago by Jacob Johnson
Never read it. Gave it to my young nephews. Because they don't teach you diddly squat about economics in high school.Published 7 days ago by Stephan B. Feibish
Even your kids will understand where this Economy is going ! Funny and educational, should be a must read in every schoolPublished 11 days ago by Susanne Lewis
masterful explanation of what is wrong with the direction of the USA economy
in the form of a simple story that is easy to read, full of humor and witty satire
This well written book explains the economy very clearly and shows you what will happen if the government does not change it's money printing ways.Published 28 days ago by Dean Miller
This is a great book for someone that wants to understand how an economy works. If you have ever read articles where they are mentioning the Federal Reserve and talking about... Read morePublished 1 month ago by Windows7Guy