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.
Enjoyable quick read. Provides a basis from which to initiate the discussion on how to effectively adjust longstanding and self-sustaining bureaucracies while limiting social and... Read morePublished 6 days ago by Glen Schmeling
Great book! Super easy read, and breaks the complex concepts of economics down into simple and easy to understand ideas.Published 9 days ago by Joe Robinson
This book reflects my views and style more than anything I have read that's not my own. Hence the rating could not have been any different! Read morePublished 18 days ago by NJ
Easy to read. Good basic explanation of how an economy works. Also a good explanation of how inflation occurs.Published 26 days ago by Ray Michiels
This book did a fantastic job of conveying the complicated forms of economics in a way that anyone could getPublished 2 months ago by Thomas
Made it ever clearer what capitalism really is, and how we no longer live in a capitalist society any more.Published 3 months ago by Ralph
This is a fun little book about how people start producing things and using currency, its kind of for kids maybe, but I read it and liked it. Read morePublished 3 months ago by octothorp