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Cargando... How an Economy Grows and Why It Crashes (edición 2010)por Peter D. Schiff, Andrew J. Schiff
Información de la obraHow an Economy Grows and Why It Crashes por Peter D. Schiff
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Inscríbete en LibraryThing para averiguar si este libro te gustará. Actualmente no hay Conversaciones sobre este libro. A good basic explanation of economics, but incredibly biased towards supply-side theory. ( ) The book discourses the subject of Economics in a highly comical way. The 'story', so to say, correlates with real life examples of the growth and fall of the US economy. I was disinterested / disinclined in Economics during my school days probably because my teachers made the arcane and boring subject it even more torturous. The authors on the other hand transformed it into a highly entertaining and enlightening topic. The mantra "Productivity, not spending, is the key for economic growth" stands out for me in the entire book. "If you want its stuff, you need its currency." - how ingeniously well-stated. The author encourages global free-trade and suggests that although some businesses might close due to inefficient practices in producing some goods, the countries involved will nevertheless grow in the long run. The latter part of the book concentrates on the interaction between US and China and shows how China is playing a bigger role than what meets the eye. I'd like the authors to extend this book to show how '$' affects the economies of the rest of the countries. This audio does a great job of simplifying some complicated economic topics using a story format. Unfortunately, he interjects his view of free enterprise good government bad within the story, and makes it sound as if it is the only option. Wish I read this book in high school with a teacher pointing out where the author takes liberties. sin reseñas | añadir una reseña
"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"-- No se han encontrado descripciones de biblioteca. |
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