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How an Economy Grows and Why It Crashes cover art

How an Economy Grows and Why It Crashes

Written by: Peter D Schiff, Andrew J Schiff
Narrated by: Peter D. Schiff, Andrew J. Schiff
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Publisher's Summary

How an Economy Grows and Why it Crashes uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and best-selling author of Crash Proof, Peter Schiff, teams up with his brother Andrew to apply their signature "take no prisoners" logic to expose the glaring fallacies that have become so ingrained in our country's economic conversation.

Inspired by How an Economy Grows and Why It Doesn't - a previously published book by the Schiffs' father Irwin, a widely published economist and activist - How an Economy Grows and Why It Crashes incorporates the spirit of the original while tackling the latest economic issues. With wit and humor, the Schiffs explain 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.

The tales told here may appear simple of the surface, but they will leave you with a powerful understanding of How an Economy Grows and Why It Crashes.
©2010 Peter D. Schiff and Andrew J. Schiff. All rights reserved. (P)2010 Gildan Media
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Profile image for iswaryarajan

Wow!

Difficult economic bubble concepts illustrated in very much easier way! Peter schiff, well done!

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Economic prophet of our times?

Peter Schiff clearly explains how to bring down the American Empire and as a person from the ascending world, I hope this logical cause and effect cycle would lead to the fairer distribution of wealth in the world.

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