How An Economy Grows And Why It Crashes

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 book, Peter Schiff and his brother Andrew tell a lively economic fable that untangles many fallacies about what drives an economy. The 2010 original is described as a “Flintstones” take on economics that explains the beauty of free markets. The new edition is greatly expanded with a new introduction and two illustrated chapters, bringing the story up to date. Using colorful cartoon illustrations, humor, and simple storytelling, the book breaks down complex topics like inflation, monetary policy, and recession. It begins with three guys on an island who survive by fishing; one invents a net, catches more fish, and transforms their economy. The story reveals the principles of economic growth and pitfalls leading to crashes.