How An Economy Grows And Why It Crashes

  • by Peter D Schiff, Andrew J Schiff
  • Narrated by Peter D. Schiff, Andrew J. Schiff
  • 3 hrs and 36 mins
  • Unabridged Audiobook

Publisher's Summary

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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Customer Reviews

Most Helpful

Educational and Entertaining

Listening to this audio book was fun. I couldn't stop myself but listening till the end before I turned on a radio in my car again. Peter and Andrew made a wonderful job reading out loud. Usually, I don't absorb information well when I hear it but rather when I read it. However, the way the book was read, it was very easy to follow and commit to a memory many important points that authors had to say on a topic of the economy. Being just an engineer and not an economist I do feel now that I know more about the economy than most of the people out there.
Peter and Andrew, thank you so much for taking time and reading the book out loud yourselves.
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- AC

Non-Keynsian economics

I enjoyed this book, although the fish metaphor got a bit stale. I had serious disagreements with the premises several times, but it gave an excellent explanation of conservative economic beliefs. The readers were very good. It is not easy, I would think, to make an economics treatise interesting enough to keep the listener's attention. These readers do so.

A short read but one that will probably stay in your mind for quite a while.
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- Bryan

Book Details

  • Release Date: 10-28-2010
  • Publisher: Audible Studios