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.
Anyone looking for the best argument on why we experience recessions in a easy to understand way, read this excellent book.Published 10 days ago by Keith
basic economics for everybody ... if only more people would read thisPublished 23 days ago by Dandy
Give this to your kids before they get indoctrinated by the msm. Then give it to your broker.Published 1 month ago by Amazon Customer
This is a great book for someone that wants to understand the basics of economics, and especially how the government can influence it (usually in a bad way).Published 1 month ago by BoilerTom90
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 1 month 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 1 month 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 1 month 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 2 months ago by Susanne Lewis