This book presents three important points of Austrian economics: First, the fundamental reason for promoting economic growth is production, not consumption; second, improving the deteriorating economic situation requires savings rather than consumption; third, the economy does not need inflation but rather deflation for prosperity.
^Dixler, Elsa. "Best Sellers – The New York Times". Nytimes.com. Retrieved 2013-08-18.
External linksedit
Animated video introduction to How an Economy Grows and Why It Crashes
May 03, 2024
economy, grows, crashes, economy, grows, crashes, 2010, illustrated, book, various, economic, topics, peter, schiff, andrew, schiff, book, allegorically, explores, such, topics, inflation, deficit, spending, central, banking, international, trade, housing, bub. How an Economy Grows and Why it Crashes 2010 is an illustrated book on various economic topics by Peter Schiff and Andrew Schiff The book allegorically explores such topics as inflation deficit spending central banking international trade and the housing bubble and credit collapse of 2008 The Washington Times stated that the book conveys the often intuitive ideas of economics through an engaging fictitious story richly illustrated with amusing cartoons 1 How an Economy Grows and Why it CrashesAuthorPeter Schiff and Andrew SchiffIllustratorBrendan LeachCountryUnited StatesLanguageEnglishSubjectFinance EconomicsPublisherWileyPublication dateMay 3 2010 1st edition Media typePrint Hardback Pages256ISBN047052670X Contents 1 Content 2 Award 3 Preceding book 4 References 5 External linksContent editThis book presents three important points of Austrian economics First the fundamental reason for promoting economic growth is production not consumption second improving the deteriorating economic situation requires savings rather than consumption third the economy does not need inflation but rather deflation for prosperity Award editThe book was a 2010 winner of the getAbstract International Book Award 2 and a New York Times best seller 3 Preceding book editThe book was based on an earlier economic comic book by the authors father Irwin Schiff titled How an Economy Grows and Why it Doesn t References edit Lott Roger 2010 06 30 BOOK REVIEW How an Economy Grows and Why It Crashes Washington Times Retrieved 2013 08 18 getAbstract getAbstract Retrieved 2013 08 18 Dixler Elsa Best Sellers The New York Times Nytimes com Retrieved 2013 08 18 External links editAnimated video introduction to How an Economy Grows and Why It Crashes Retrieved from https en wikipedia org w index php title How an Economy Grows and Why It Crashes amp oldid 1110388624, wikipedia, wiki, book, books, library,
