How an economy grows and why it crashes Ebook

In How an Economy Grows and Why it Crashes, economic expert and bestselling author of Crash Proof and The Little Book of Bull Moves in Bear Markets, Peter Schiff, presents economics in two informative, yet thoroughly entertaining tales. The illustrations were previously published by Peter Schiff’s father, Irwin A. Schiff, a trader and financial expert. The book takes complex economic issues and distills them into a rousing allegory. For example, a story takes place on a tropical island where hunter-gatherer cavemen struggle daily to catch fish for basic survival. As the economy of the island becomes increasingly dynamic, institutions and government entities develop to protect the islanders’ savings and assets, and Schiff explains the complexities that accompany this growth. With wit and humor, Schiff explains the roots of economic growth, the uses of capital, the destructive nature of consumer credit, and many other topical principles of economic theory. The tales leave you with a powerful understanding of inflation and the abuses of the monetary system. How an Economy Grows is an insightful illustrated book that both entertains and teaches readers about the economic system.

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PETER D. SCHIFF (Weston, CT) is the popular author of the bestselling books Crash Proof and The Little Book of Bull Moves in Bear Markets, both published by Wiley. He is a seasoned Wall Street prognosticator known for predicting the economic crisis of 2008. Schiff began his career at Shearson Lehman and joined Euro Pacific Capitala broker-dealer with expertise in foreign markets and securitiesin 1996, becoming president of the firm in 2000. He is frequently quoted in major publications such as the Wall Street Journal, Barrons, the Financial Times, and the New York Times, and has been on Squawk Box, Closing Bell, Fox News, and other programs. In 2009, he announced his candidacy for the U.S. Senate in his Home state of Connecticut. He lives in Weston, CT with his wife Martha and his son Spencer. ANDREW J. SCHIFF (New York, NY) is the Communications Director of Euro Pacific Capital and long-time spokesperson and writer for the firm. An expert in media relations and financial communications, Andrew has spoken at numerous conferences and has appeared on television where he has helped articulate the themes of free market capitalism and limited government.  He lives in Brooklyn, NY with his wife Paxton and their two children, Ethan and Eliza. In his spare time he reads history, looks at architecture, and plays mandolin.

Year

2010

Format

Ebook

Author

Peter D. Schiff

Publisher

John Wiley