{"product_id":"how-an-economy-grows-and-why-it-crashes-isbn-9780470526705","title":"How an Economy Grows and Why It Crashes","description":"\u003cb\u003eAn engaging introduction to the fundamental elements of an economy\u003cbr\u003e\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eHow an Economy Grows and Why it Crashes\u003c\/i\u003e uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and bestselling author of \u003ci\u003eCrash Proof\u003c\/i\u003e, 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.\u003cbr\u003e\u003cbr\u003eInspired by \u003ci\u003eHow an Economy Grows and Why It Doesn't\u003c\/i\u003e, a previously published book by the Schiffs' father Irwin, a widely published economist and activist\u003ci\u003e, How an Economy Grows and Why It Crashes\u003c\/i\u003e 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, risk, and many other topical principles of economics.\u003cbr\u003e\u003cbr\u003e \u003cul\u003e \u003cli\u003eAn insightfully illustrated book that both entertains and educates readers about our economic system\u003c\/li\u003e \u003cli\u003eA guide to understanding the concepts of risk, creation of capital assets, return, consumption, saving, and borrowing\u003c\/li\u003e \u003cli\u003eA witty and humorous approach to learning key economic concepts for beginners and professionals alike\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003eThe tales told here may appear simple on the surface, but they will leave you with a powerful understanding of \u003ci\u003eHow an Economy Grows and Why it Crashes.\u003c\/i\u003e \u003cp\u003eDISCLOSURE VIII\u003c\/p\u003e \u003cp\u003eAUTHOR’S NOTE IX\u003c\/p\u003e \u003cp\u003eINTRODUCTION XI\u003c\/p\u003e \u003cp\u003eCHAPTER 1 AN IDEA IS BORN 1\u003c\/p\u003e \u003cp\u003eCHAPTER 2 SHARING THE WEALTH 13\u003c\/p\u003e \u003cp\u003eCHAPTER 3 THE MANY USES OF CREDIT 27\u003c\/p\u003e \u003cp\u003eCHAPTER 4 ECONOMIC EXPANSION 37\u003c\/p\u003e \u003cp\u003eCHAPTER 5 PROSPERITY LOVES COMPANY 47\u003c\/p\u003e \u003cp\u003eCHAPTER 6 PUT IT IN THE VAULT 63\u003c\/p\u003e \u003cp\u003eCHAPTER 7 INFRASTRUCTURE AND TRADE 77\u003c\/p\u003e \u003cp\u003eCHAPTER 8 A REPUBLIC IS BORN 91\u003c\/p\u003e \u003cp\u003eCHAPTER 9 GOVERNMENT GETS CREATIVE 101\u003c\/p\u003e \u003cp\u003eCHAPTER 10 SHRINKING FISH 119\u003c\/p\u003e \u003cp\u003eCHAPTER 11 A LIFELINE FROM AFAR 129\u003c\/p\u003e \u003cp\u003eCHAPTER 12 THE SERVICE SECTOR STEPS UP 141\u003c\/p\u003e \u003cp\u003eCHAPTER 13 CLOSING THE FISH WINDOW 153\u003c\/p\u003e \u003cp\u003eCHAPTER 14 THE HUT GLUT 161\u003c\/p\u003e \u003cp\u003eCHAPTER 15 THE HUT RUT 177\u003c\/p\u003e \u003cp\u003eCHAPTER 16 STEPPING ON THE GAS 193\u003c\/p\u003e \u003cp\u003eCHAPTER 17 THE FISH HIT THE FAN 209\u003c\/p\u003e \u003cp\u003eEPILOGUE 223\u003c\/p\u003e \u003cp\u003eACKNOWLEDGMENTS 229\u003c\/p\u003e \u003cp\u003eABOUT THE AUTHORS 231\u003c\/p\u003e \u003cp\u003eABOUT THE ILLUSTRATOR 233\u003c\/p\u003e  \u003cp\u003eUsing illustration, humour and storytelling, the authors... take economics off its lofty shelf and place it back on the kitchen table.\" (TheStar.com, September 2010) \u003c\/p\u003e\u003cp\u003e\"If you feel you want to get a decent grasp of free-market economics... this book is the perfect place to start.\"\u003cbr\u003e—\u003cstrong\u003eDaniel Hannan, Telegraph.co.uk\/Blog, July 2010\u003c\/strong\u003e   \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePETER D. SCHIFF\u003c\/b\u003e is the bestselling author of \u003ci\u003eCrash Proof 2.0: How to Profit from the Economic Collapse\u003c\/i\u003e and \u003ci\u003eThe Little Book of Bull Moves in Bear Markets.\u003c\/i\u003e This is his first collaboration with his brother \u003cb\u003eANDREW J. SCHIFF\u003c\/b\u003e, a recognized expert in economic and financial communications.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003e EVER WONDER . . .\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003e\u003cb\u003eWhy governments can spend without ever seeming to run out of money?\u003c\/b\u003e\u003c\/li\u003e \u003cli\u003e\u003cb\u003eWhy some countries are rich while others are poor?\u003c\/b\u003e\u003c\/li\u003e \u003cli\u003e\u003cb\u003eWhether spending or saving is the best cure for a bad economy?\u003c\/b\u003e\u003c\/li\u003e \u003cli\u003e\u003cb\u003eWhere inflation comes from?\u003c\/b\u003e\u003c\/li\u003e \u003cli\u003e\u003cb\u003eWhy it's so hard to catch a fish with your bare hands?\u003c\/b\u003e\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003e\u003cb\u003eHOW AN ECONOMY GROWS AND WHY IT CRASHES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eUnderstanding how all the pieces of an economy fit together can be a daunting task—especially when the experts can't seem to do it. But when you get down to the basics, it is much easier than you may think. \u003ci\u003eHow an Economy Grows and Why It Crashes\u003c\/i\u003e uses illustrations, humor, and accessible storytelling to take economics off its lofty shelf and put it back on the kitchen table where it belongs.  \u003c\/p\u003e\u003cp\u003eThis straightforward story of fish, nets, saving, and lending exposes the gaping holes that lie hidden in our global economic conversation. With wit and humor, the Schiffs explain the roots of economic growth, the importance of trade, savings, and risk, the source of inflation, the effects of interest rates and government stimulus, the destructive nature of consumer credit, and many other economic principles that are so frequently discussed and so poorly understood.  \u003c\/p\u003e\u003cp\u003eThe story may appear simple on the surface but it will leave you with a powerful understanding of \u003ci\u003eHow an Economy Grows and Why It Crashes.\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989373337829,"sku":"NP9780470526705","price":21.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470526705.jpg?v=1761783860","url":"https:\/\/k12savings.com\/es\/products\/how-an-economy-grows-and-why-it-crashes-isbn-9780470526705","provider":"K12savings","version":"1.0","type":"link"}