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How an Economy Grows and Why It Crashes by [Schiff, Peter D., Schiff, Andrew J.]
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How an Economy Grows and Why It Crashes 1st Edition, Kindle Edition

4.4 out of 5 stars 55 customer reviews

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Review

If you feel you want to get a decent grasp of free–market economics this book is the perfect place to start. (Daniel Hannan, Telegraph.co.uk/Blog, July 2010).

Using illustration, humour and storytelling, the authors take economics off its lofty shelf and place it back on the kitchen table   (TheStar.com, September 2010).

From the Back Cover

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

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.


Product details

  • Format: Kindle Edition
  • File Size: 7539 KB
  • Print Length: 258 pages
  • Publisher: Wiley; 1 edition (29 April 2010)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B003HOXLVQ
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Average Customer Review: 4.4 out of 5 stars 55 customer reviews
  • Amazon Bestsellers Rank: #150,173 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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