In How an Economy Grows and Why it Doesn't, 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 Growsis an insightful illustrated book that both entertains and teaches readers about the economic system.Peter Schiff (Westport, CT) is the popular author of the bestselling books Crash Proof and The Little Book of Bull Moves in Bear Markets. He is a seasoned Wall Street prognosticator. Schiff is known for predicting the economic crisisof 2008. He was also the economic advisor for the Ron Paul 2008 Republican primaries. He began his career at Shearson Lehman and joined Euro Pacific Capital (a broker-dealer with expertise in foreign markets and securities) in 1996, becoming president of the firm in 2000. Schiff is best known for his accurate predictions of the performance of the stock market, commodities, gold and the dollar. He often contributes Op-ed pieces to the Wall Street Journal and Washington Post and is frequently quoted in major publications such as the Wall St.Journal, Barron's, The Financial Times, The New York Times, Christian ScienceMonitor, etc. Schiff also makes regular appearances on television and has been on Squawk Box, Closing Bell, Fox News and other programs and has a weekly radio broadcast as well.
- ISBN: 978-0-470-52670-5
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 256
- Fecha Publicación: 12/05/2010
- Nº Volúmenes: 1
- Idioma: Inglés