How an Economy Grows and Why It Crashes

How an Economy Grows and Why It Crashes

Publisher: John Wiley & Sons, Inc
Author: Schiff
$19.95
Ever wonder.... Why governments can spend without ever seeming to run out of money? Why some countries are rich while others are poor? Whether spending or saving is the best cure for a bad economy? Where inflation comes from? Why it's so hard to catch a fish with your bare hands?

"How An Economy Grows And Why It Crashes" will help you understand 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."

Hardback, ISBN 9780470526705
Book Title How an Economy Grows and Why It Crashes
Publisher: John Wiley & Sons, Inc
Author Schiff
Ever wonder.... Why governments can spend without ever seeming to run out of money? Why some countries are rich while others are poor? Whether spending or saving is the best cure for a bad economy? Where inflation comes from? Why it's so hard to catch a fish with your bare hands?
"How An Economy Grows And Why It Crashes" will help you understand 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."
Hardback, ISBN 9780470526705