How an Economy Grows and Why It Crashes

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.

Nyckelord: how an economy grows, introduction to economics, economic comic book, how an economy works, economy basics, free market society, state of the economy, economic concepts, economic terminology, economic sectors, inflation, savings, commercial loans, consumer loans, risk-taking, emergency funds, government insurance, Peter Schiff, Irwin Schiff, Crash Proof