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How an Economy Grows and Why It Crashes: Two Tales of the Economy

  


List Price: £13.99
Amazon.co.uk's Price: £8.38
You Save: £5.61 (40%)
as of 09/09/2010 17:29 BST



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Binding: Hardcover
Dewey Decimal Number: 338.542
EAN: 9780470526705
ISBN: 047052670X
Label: John Wiley & Sons
Manufacturer: John Wiley & Sons
Number Of Items: 1
Number Of Pages: 256
Publication Date: May 18, 2010
Publisher: John Wiley & Sons
Studio: John Wiley & Sons

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Editorial Review:

Product Description:
Using illustration, humor, and storytelling, this title explains complex topics of economic growth and monetary systems. It also explains the roots of economic growth, the uses of capital, the destructive nature of consumer credit, the source of inflation, the importance of trade, savings, and risk, and many other topical principles of economics.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - I wish A' Level Economics had been like this
A very witty, enjoyable but educational read and I commend the authors for making the subject matter interesting by the clever manner in which this book was written. It's clearly aimed at their American audience as all the major characters are based on American politicians and economists with a fishy twist in their names but whilst that adds to the enjoyment of the book it wouldn't be any less informative if you'd never heard of any of them. The authors do indulge themselves a little by putting in ... Read More



Rating: 5 out of 5 stars - A fishy story
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 ... Read More



Rating: 5 out of 5 stars - This book will take you from economics noobie to a pro...
This book by Peter Schiff, and his brother, is funny, witty and educating, I had a failry broad understanding of economic principle before reading this book, but bought it anyway hoping to learn something from it, and after having read another of Peter Schiffs books (Crash Proof) thought it was well worth a read. The book great way to learn, and understand why trade deficits, debt and asset bubbles are all destructive to the economy, and is a good insight into the Austrian economics theory.

Read More



Rating: 5 out of 5 stars - Economics stripped of nonsense
Economics is a subject that confuses people and economists most of all. They turn it into an arcane and difficult subject - more difficult to understand than quantum mechanics. Its not.

Peter Schiff and his brother strip away the unnecessary complexity and show how one exactly what an "economy" is, how it comes into existence, how its participants benefit and how it grows. In this book, by means of simple examples and entertaining cartoons, they explain the growth of the United States economy ... Read More



Rating: 5 out of 5 stars - The economy in a microcosm: A fun fable about fishermen
Talk about economics for even a few minutes, and watch your listeners' eyes glaze over. But tell them a story that grabs their attention and makes them smile - then you can teach them anything. That's the tactic controversial Libertarian Irwin Schiff used to teach his sons - brokers Peter D. Schiff and Andrew J. Schiff - the basics of economics. The Schiff brothers have cleverly updated their dad's "fish story," first published in 1979, to show how decades of political and economic blunders have led to financial ... Read More



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How an Economy Grows and Why It Crashes: Two Tales of the Economy
 

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