How an Economy Grows and Why It Crashes

An engaging introduction to the fundamental elements of an economy "How an Economy Grows and Why it Doesn't" uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and bestselling author, Peter Schiff, presents economics in two informative, yet thoroughly entertaining tales. Expanding on two tales previously published by Schiff's father, a trader and financial expert, this book takes complex economic issues and distills them into a rousing allegory. 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. From Peter Schiff, the bestselling author of "Crash Proof," this new book is An insightfully illustrated book that both entertains and educates readers about our economic system and A guide to understanding the concepts of risk, creation of capital assets, return, consumption, saving, and borrowing The tales told here may sound simple enough, but they will leave you with a powerful understanding of "How an Economy Grows and Why it Doesn't." 点击链接进入中文版： 鱼、美元与经济学的故事(中信特供版)