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9 Works 911 Members 12 Reviews 1 Favorited

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Also includes: Peter Schiff (2)

Works by Peter D. Schiff

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Common Knowledge

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A good basic explanation of economics, but incredibly biased towards supply-side theory.
 
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fpicabia | 5 other reviews | Jul 3, 2022 |
 
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julymartinez | 5 other reviews | Sep 15, 2017 |
Lovely book... great way of explaining about economy with a simple concept of using fish. I felt, the introduction of economy crash wasn't handled well but again that's my opinion. Worth a read even for those without any prior knowledge of anything about economy.
 
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_RSK | 5 other reviews | Jan 26, 2016 |
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.
… (more)
 
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nmarun | 5 other reviews | Nov 15, 2015 |

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Works
9
Members
911
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Rating
½ 3.6
Reviews
12
ISBNs
51
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6
Favorited
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