How an Economy Grows and Why It Crashes. Collector's Edition

  • ID: 2674326
  • Book
  • 288 Pages
  • John Wiley and Sons Ltd
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"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

"How an Economy Grows and Why It Crashes makes economics fun and accessible. Bestselling author and 2010 U.S. Senate candidate Peter D. Schiff and his brother Andrew J. Schiff, communications director of Euro Pacific Capital, convey the often intuitive ideas of economics through an engaging, fictitious story richly illustrated with amusing cartoons."
The Washington Times

At last, straight answers to some of economics′ more vexing questions. With the help of colorful cartoon illustrations, lively humor, and deceptively simple storytelling, brothers Peter and Andrew Schiff bring the complexity of economics down to earth for all to understand. Along the way, the brothers apply their signature take–no–prisoners logic to expose the glaring fallacies and gaping holes that permeate the global economic conversation. The book is designed so that all people, even teenagers, can gain a better grasp of what turns the economic wheels of progress and what makes them stop turning.

Overflowing with wit and common sense, this new Collector′s Edition of How an Economy Grows and Why It Crashes explains:

  • The roots of economic growth
  • Why some countries are rich and others are poor
  • The importance of trade and risk taking
  • The sources of inflation
  • The effects of interest rates and government stimulus
  • The destructive nature of consumer credit
  • Why saving is better than spending as a cure for a bad economy
  • And other frequently discussed, yet poorly understood, economic principles

While the story may appear simple on the surface, as told by the Schiff brothers, it will leave you with a deep understanding of How an Economy Grows and Why It Crashes.

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Disclosure VIII

Author′s Note IX

Introduction XI

Chapter 1 An Idea Is Born 1

Chapter 2 Sharing The Wealth 13

Chapter 3 The Many Uses Of Credit 27

Chapter 4 Economic Expansion 37

Chapter 5 Prosperity Loves Company 47

Chapter 6 Put It In The Vault 63

Chapter 7 Infrastructure And Trade 77

Chapter 8 A Republic Is Born 91

Chapter 9 Government Gets Creative 101

Chapter 10 Shrinking Fish 119

Chapter 11 A Lifeline From Afar 129

Chapter 12 The Service Sector Steps Up 141

Chapter 13 Closing The Fish Window 153

Chapter 14 The Hut Glut 161

Chapter 15 The Hut Rut 177

Chapter 16 Stepping On The Gas 193

Chapter 17 The Fish Hit The Fan 209

Epilogue 223

Acknowledgments 229

About The Authors 231

About The Illustrator 233

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Peter D. Schiff
Andrew J. Schiff
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