How An Economy Grows And Why It Crashes

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.

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Ludwig Von Mises

Human Action

The great book first appeared in German in 1940 and then disappeared, only to reappear in English in 1949. It was a sensation, the largest and most scientific defense of human freedom ever published. And now, in 2010, the seemingly impossible has happened: Human Action, the masterwork of the ages, is in a pocketbook edition at a ridiculously low price.

History might record that this edition is the one that changed the world. Mises's fantastic and timeless treatise has never been in a more portable, giftable edition.

Just imagine: giving or receiving this gem, this treasure, as a stocking stuffer!

This is not a reduction. It is the full treatise from front to back, the mind-blowing explanation of the economics of freedom, right in the palm of your hand.

Stock up! We've prepared for mass distribution.

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Bob Murphy

Contra Krugman

With a foreword by Ron Paul

This book is a relentless assault on the ideas of Krugman and on the Keynesian economics that would have the government direct the economy in order to maximize prosperity and prevent recessions.

In fact, the more they try to manage the economy the worse they make it - as during the housing bubble years when the Fed and the federal government colluded to gin up the housing market in order to keep the economy robust after 9/11. Oops.

Unfortunately for Krugman and his followers, Krugman is able to declare victory for Keynesianism only by citing highly selective data, by ignoring or misrepresenting his own predictions, or by misstating the views of his opponents. Krugman even claims to have predicted the housing bubble - after having called for the very policies that created it.

Economist Robert Murphy (PhD, NYU) has an uncanny ability to recall Krugman's columns and interviews and puts his command of this material to devastating use in this book. As Murphy shows, in no way can it be said that Keynesian analysis has won the day. To the contrary, the Austrian School - which has been critical of government intervention, particularly central banking - has been vindicated in episode after episode.

Topics include:

The Great Depression
Obamacare
Krugman's predictions
Monetary policy
Climate change
Financial "reform"
Employment and wages
The minimum wage
Business cycles
Stimulus

Listen to this book, and never lose a debate again.

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Bob Swarup

Money Mania

Money Mania is a sweeping account of financial speculation and its consequences, from ancient Rome to the Meltdown of 2008. Acclaimed journalist and investor Bob Swarup tracks the history of speculative fevers caused by the appearance of new profitable investment opportunities; the new assets created and the increasing self-congratulatory euphoria that drives them to unsustainable highs, all fed by an illusion of insight and newly minted experts; the unexpected catalysts that eventually lead to panic; the inevitable crash as investors scramble to withdraw their funds from the original market and any other that might resemble it; and finally, the brevity of financial memory that allows us to repeat the cycle without ever critically evaluating the drivers of this endless cycle.

In short, it is the story of what makes us human.

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