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).
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.
I start by confessing that I am strongly opposed to the inflationary bias of the Fed. which, having grown tired of is original objective of price stability, is now captive to a... Read morePublished 14 days ago by Interested customer
Explains in easy way how an economy grows. I read it in a few hours, fun read.Published 26 days ago by Cherie Maloire
Fantastic book. Highly recommended for children. Can't educate people enough about free markets and this is a very well written/put together book!!Published 1 month ago by Robert F. Valentine IV
I teach economics for 12 grade and this book brought so much more than a textbook has to offer. Great for macroeconomic principles and teachers can easily adapt it to fit a... Read morePublished 1 month ago by Kurt Gladfelter
This is a great book for explaining the complicated world of economics in a way that's simple to understand.Published 3 months ago by G. Worth
Money is one of the main aspects of our life, we give away most of our time for it, and still a lot of miss information about how money really works. Read morePublished 3 months ago by Sebastian Castro