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qwerty
05-17-2010, 01:47 PM
YouTube - How an Economy Grows and Why It Crashes (http://www.youtube.com/watch?v=78a84qbT5-w)


:cool:

LibertyMage
05-17-2010, 01:50 PM
Schiff is awesome.

haaaylee
05-17-2010, 02:07 PM
Sounds similar "Economics for Real People" which is an introduction to Austrian Economics and starts off with a similar scenario.

CSJscience
05-17-2010, 02:55 PM
I got the kindle version for PC and recommend it.

It's very loosely based on Schiff's father's original-- but there's also a lot of differences and updates to apply to the current economy:

The original it's modeled on: How an Economy Grows and Why It Doesn't (PDF)
http://freedom-school.com/money/how-an-economy-grows.pdf

That version above is all cartoons, like a comic book, but the new version is about 50% text, which I felt was a good mix.

The end of each chapter relates the story to the various aspects of the economy. I knew most of it but it gave me some ideas on how to better explain some of the ideas.