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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 bestselling 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.

"How an Economy Grows and Why It Crashes” makes economics fun and accessible. Best-selling author and 2010 U.S. Senate candidate Peter D. Schiff and his brother Andrew J. Schiff, communications director of Euro Pacific Capital, convey the often intuitive ideas of economics through an engaging, fictitious story richly illustrated with amusing cartoons.
The current economic path of the United States, some argue, is unsustainable. Americans understand this, yet many have been misled into believing that economics is hopelessly complex and the country would be at sea without a paddle if the government weren’t around to sort through the mess.
The Schiffs seek to provide readers with a “basic tool kit for cutting through the economic clutter” by sharing a revised and updated version of “The Fish Story” that their father, Irwin A. Schiff, presented in the well-known illustrated book “How an Economy Grows and Why It Doesn’t.”

Peter D. Schiff

Peter D. Schiff is a seasoned Wall Street prognosticator best known for his accurate predictions of the performance of the stock market, commodities, gold, and the dollar. He is one of the few unbiased investment advisors to have predicted the current bear market and positioned his clients accordingly. Schiff began his career at Shearson Lehman and joined Euro Pacific Capital in 1996, becoming President of the firm in 2000. He appears frequently on Fox Business News, CNN, CNBC, and Bloomberg TV, and has been quoted in such publications as the Wall Street Journal, Barron's, the Financial Times, and the New York Times. Schiff is also the author of the original edition of Crash Proof as well as The Little Book of Bull Moves in Bear Markets, both published by Wiley.

Личен сайт: http://www.youtube.com/user/schiffreport; http://peterschiffchannel.blogspot.com/

Andrew J. Schiff

Andrew J. Schiff is the Communication Director of Euro Pacific Capital and long-term spokesperson and writer for firm. An expert in media relations and financial communications, Andrew has spoken a numerous conferences and has appeared on television where he has helped articulate the themes of free market capitalism and limited government.