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How an Economy Grows and Why It Crashes  By  cover art

How an Economy Grows and Why It Crashes

By: Peter D. Schiff,Andrew J. Schiff
Narrated by: Al Kessel
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Publisher's Summary

Straight answers to every question you've ever had about how the economy works and how it affects your life

In this Collector's Edition of their celebrated How an Economy Grows and Why It Crashes, Peter Schiff, economic expert and best-selling author of Crash Proof and The Real Crash, once again teams up with his brother Andrew to spin a lively economic fable that untangles many of the fallacies preventing people from really understanding what drives an economy. The 2010 original has been described as a "Flintstones" take on economics that entertainingly explains the beauty of free markets. The new edition has been greatly expanded in both quantity and quality. A new introduction and two new chapters bring the story fully up to date. 

With the help of lively humor and deceptively simple storytelling, the Schiffs bring the complex subjects of inflation, monetary policy, recession, and other important topics in economics down to Earth. The story starts with three guys on an island who barely survive by fishing barehanded. Then one enterprising islander invents a net, catches more fish, and changes the island's economy fundamentally. Using this story the Schiffs apply their signature take-no-prisoners logic to expose the glaring fallacies and gaping holes permeating the global economic conversation.

©2014 Peter D. Schiff and Andrew J. Schiff (P)2019 Gildan Media

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True, But Noth I ng New

By now we agree on the problem. But besides prepare for inflation, solutions not affored, except political ones which will never happen.

1 person found this helpful

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The Economy Book we need to hear out.

extremely easy to understand and how the economy should be run. if you are debating on getting the book. don't it's a real gem.

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  • Mark
  • 01-02-21

Should be school curriculum

whilst there may be points of argument here, the principles are spot on. an excellently presented overview of economics and the all important matter of productivity!

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  • Majes
  • 06-19-22

Make This Mandatory Reading/Listening

This should be mandatory reading for highschool math, first year economics students, and especially ALL politicians and public servants!