If gift giving were a science, handing your spouse $1,000 would be considered romantic rather than a ticket to prolonged celibacy. If economics were a real science, five years of free money would have resulted in significant capital investment rather than stock buybacks. Keep the inherently unknowable relationship between emotional cause and effect in mind for the a few minutes because I’m about to make a suggestion that is going to sound a little crazy on the surface. Read More »from Peter Schiff's surprisingly fun intro to economics
Ready? Here goes:
Peter Schiff of Euro Pacific Capital has written a book that teaches basic economics in a way that kids will understand and parents can enjoy. Seriously. The polarizing Schiff and his brother Andrew have updated their book How an Economy Grows and Why It Crashes for the holidays with illustrations and anecdotes that explain the basic tensions of economic policy and behaviors without completely burying the points in ham-fisted ideologically rooted didacticism.
If you don’t think the creation of such a