How an economy grows and why it crashes : a tale

Author(s)

Bibliographic Information

How an economy grows and why it crashes : a tale

by Peter D. Schiff and Andrew J. Schiff ; illustrations by Brendan Leach

Wiley, c2010

Other Title

How an economy grows and why it crashes

Available at  / 9 libraries

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Note

"Based on Irwin Schiff's book, How an economy grows and why it doesn't, which was published by Freedom Books in 1985."--T.p. verso

Description and Table of Contents

Description

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 bestselling 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.

Table of Contents

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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