
How an Economy Grows and Why It Crashes
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Narrated by:
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Peter D. Schiff
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Andrew J. Schiff
How an Economy Grows and Why it Crashes uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and best-selling author of Crash Proof, 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.
Inspired by How an Economy Grows and Why It Doesn't - a previously published book by the Schiffs' father Irwin, a widely published economist and activist - How an Economy Grows and Why It Crashes 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, and risk, and many other topical principles of economics.
The tales told here may appear simple of the surface, but they will leave you with a powerful understanding of How an Economy Grows and Why It Crashes.
©2010 Peter D. Schiff and Andrew J. Schiff. All rights reserved. (P)2010 Gildan MediaListeners also enjoyed...




















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great explanation
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Must have in library!
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They break it down so even a 12 year old or a democrat can understand
Great! Still holds up in 2023
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Mandatory reading for investing
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Ingrid
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A good analogy of US, but some things left out
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Great Econ book Must Read!
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Each chapter is a different “principle” told through a story line, and then is broken down and related to actual examples in the US. If you like learning about economics/government, or just want to understand the basics in order to hold a conversation at a dinner party, this book is for you.
Great read for anyone
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Superb!
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