"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.
