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If you feel you want to get a decent grasp of free-market economics this book is the perfect place to start. (Daniel Hannan, Telegraph.co.uk/Blog, July 2010).
Using illustration, humour and storytelling, the authors take economics off its lofty shelf and place it back on the kitchen table (TheStar.com, September 2010).
EveR WONDER . . .
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.See all Editorial Reviews
They should be teaching this in schools , so simple and effective. Peter Schiff is the best to learn this stuff fromPublished 19 days ago by Ppk
Every high school should make this book MANDATORY READING. Simple and very well written, if you ever wondered how an economy works read it.Published 21 days ago by jorge simoes
Peter Schiff does an amazing job of explaining the pulse of a healthy economy in this book. I think this should be required reading for every high school or college student.Published 29 days ago by Matt Montgomery
this is a good book for beginner who wants to know more about the basics of macroeconomics. I really like all the picturial illustration and the use of concrete daily objects to... Read morePublished 1 month ago by moretoonice
Book was recommended on a self development website. Started reading it and it just kept getting better. Read morePublished 2 months ago by TPP
Expensive book but had to buy it as it was required reading for school.Published 2 months ago by bharat