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How An Economy Grows And Why It Crashes
Understanding how all the pieces of an economy fit together canbe a daunting task—especially when the experts can't seem todo it. But when you get down to the basics, it is much easier thanyou may think. How an Economy Grows and Why It Crashes usesillustrations, humor, and accessible storytelling to take economicsoff its lofty shelf and put it back on the kitchen table where itbelongs.
This straightforward story of fish, nets, saving, and lendingexposes the gaping holes that lie hidden in our global economicconversation. With wit and humor, the Schiffs explain the roots ofeconomic growth, the importance of trade, savings, and risk, thesource of inflation, the effects of interest rates and governmentstimulus, the destructive nature of consumer credit, and many othereconomic principles that are so frequently discussed and so poorlyunderstood.
The story may appear simple on the surface but it will leave youwith a powerful understanding of How an Economy Grows and Why ItCrashes.
Nice and funny book. It presents basic economic concepts. I gave it to my kids also. Everyone should read.Published 3 months ago by Emil Trankarov
A great book explaining the economy. Younger teens to seniors could even get a grasp of a complicated economy with these simple explanations. Read morePublished 8 months ago by John Johnson
i was completely unaware of almost everything this book spelled out so clearly for me. its amazing to think that poor government decisions are the root of all the economic problems... Read morePublished on Sept. 16 2011 by d
My 13 year old read this and understood every word. As well, she laughed and enjoyed the drawings. This book is great because it cuts through all the fallacies that we are taught... Read morePublished on June 18 2010 by Cathy D. Schouten