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★★★★★
Why You MUST Read this book...and Order extras for friends & family...even if you don't like Schiff
Peter Schiff did not start out as one of my regular "reading list" authors...in fact, he originally irritated me quite a bit. However, after listening to several interviews on Financial Sense as well as numerous traditional media channels/outlets, reading several of his books...and watching with my own eyes/ears his rather pessimistic prognostications come about...I changed my tune. As a college instructor and business writer, it's not easy to do a turn-about...on the other hand, watching what is taking place across this nation (and indeed the world) isn't "easy" either. However, after he announced his decision to pursue politics I expected this new book to be an extended "positioning statement". Whether you like or dislike Schiff, here is why you should read this book...and buy an extra to share with someone you care about. 1. It's funny. Okay, perhaps "funny" isn't a major reason to purchase this book but there is a decidedly quirky humor underlying the writing that makes this very accessible to people that wouldn't normally enjoy reading a book about economics. Schiff does a great job keeping this accessible to every type of audience without insulting the intelligence of the reader...in fact, he takes great pains to "de-mystify" the veil of complexity that surrounds issues that should be taught to every informed citizen. 2. Irwin Schiff. The father of Peter Schiff...I've read a couple of his books out of pure curiosity. While I do not personally agree with the position taken by the senior Schiff, I was utterly shocked to learn that at age 82 he remains incarcerated. Considering the recent fiasco of financial misconduct, it speaks volumes as to the priorities of the government. This book builds upon a story...and philosophy...initiated many years ago. Agree or disagree, it takes a man of courage and strong conviction to live his beliefs. I suspect men such as this are quickly becoming an endangered species in their own right. 3. Food for thought - while fishing. This is a wonderful way to introduce kids to the basic tenets of economics, personal responsibility (gasp - for the few of you out there that still believe in such a thing) and other foundational ideas. It's one of those books that will grow with their own understanding. Adults will absolutely appreciate this allegorical tale. Those that are searching for ways to understand a tough topic will enjoy the easy to read comparisons. Those that already adhere to Schiff's point of view/philosophy will REALLY enjoy the humor. Critics will not only enjoy the ability to take pop shots and blow things out of proportion but are likely to find plenty of ammunition for future debate. No matter how you cut it...everyone wins! In this world there have always been a select few "Cassandra's" who were destined to remain a lone voice crying in the wilderness while others remained unable or unwilling to listen. However, they play an important role in history by serving as a witness that there were choices...choices that were not taken but choices just the same. They serve as evidence that some people were aware of the problem and there were other options. Whether you agree or disagree...an earnest debate is always preferred to an ignorant mind.
April 2010 · Books · verified purchase
the product in question
How an Economy Grows and Why It Crashes
4.7★ · 1,277 ratings, as of 2023
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