Summary of How an Economy Grows and Why It Crashes by Peter Schiff
- ISBN-10
- ISBN-13
- 9798532575707
- Pages
- 55
- Language
- English
- Published
- 2021-07-06
- Author
- Superb Summaries
Description
After the housing bubble and the credit crash in 2008, Peter Schiff, a well-known stockbroker, decided to write a book on the causes of these economic disasters. The book was written in 2010 and focuses on how inflation, budget deficits, and central banks can be the driving forces behind the many economic collapses we've seen throughout history. While Schiff's book presents several anecdotes and concrete examples, we note five different themes that run through the 17 chapters of the book. Therefore, this book summary is intended to provide an overview of these five messages that the book is based on, so that you can better understand the message that Peter Schiff is trying to convey. This book is particularly important because there has been no progress in economics compared to other academic fields. NOTE: This is just a summary of the book - HOW AN ECONOMY GROWS AND WHY IT CRASHES BY PETER SCHIFF. It is not meant to replace the original book.
