15 of 15 people found the following review helpful
A fishy story,
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This review is from: How an Economy Grows and Why It Crashes: Two Tales of the Economy (Hardcover)
Economics is bewilderingly complicated because there is so much disagreement amongst the professionals...the economists. So, just when you think you have understood what is going on around you by listening to the BBC and how the forces of Fiscal Stimulus, Government Spending and low Interest Rates will save us from another great depression, you hear that some are deeply opposed. Why?
This book is written from that dissenting side who feel that enormous government borrowing and the trend to get others to make the stuff we need will lead us to destruction. It is very persuasive because it is written as a fable on a land with fish as its currency. It bears an uncanny resemblance to the United States but the message is universal that corruption of currency by government overspending is the root of most economic trouble.
The end scenario of this allegory is quite sobering because, again, it is logical and presented simply. Altogether an easy and amusing read.