Whatever Happened To Penny Candy?: A Fast, Clear, and Fun Explanation of the Economics You Need for Success in Your Career, Business, and Investments (Uncle Eric) - Softcover

Maybury, Richard J.

Softcover

ISBN 10: 0942617649 ISBN 13: 9780942617641

Publisher: Bluestocking Pr, 2015

Synopsis

This clearly written, award-winning book about economics is a remarkably easy and fun explanation of money (its origin and history), the dollar (its origin and history), investment cycles, velocity, business cycles, recessions, inflation, the demand for money, government (its economic behavior), and more. All explanations and interpretations are according to the Austrian and Monetarist schools of economic theory.
Using the epistolary style of writing (using letters to tell a story), author Richard J. Maybury plays the part of an economist (Uncle Eric) writing a series of letters to his niece or nephew (Chris). Using stories and examples (including historical events from Ancient Rome), Mr. Maybury explains economic principles, giving interesting and clear explanations of topics that are generally thought to be too difficult for anyone but experts. Mr. Maybury warns, "Beware of anyone who tells you a topic is above you or better left to experts. Many people are twice as smart as they think they are, but they've been intimidated into believing some topics are above them. You can understand almost anything if it is explained well."
Whatever Happened to Penny Candy? is essential for every student, businessperson and investor. It was recommended by the late William Simon, former U.S. Treasury Secretary and is also on many recommended reading lists.
Whatever Happened to Penny Candy?" can be used for courses in economics, business, finance, government and Ancient Rome.
To improve the student's learning experience, also purchase the student study guide for "Whatever Happened to Penny Candy?" titled "A Bluestocking Guide: Economics" also available through Amazon.
Table of Contents for "Whatever Happened to Penny Candy?"
1. Money: Coins and Paper

2. Tanstaafl, The Romans, and Us

3. Inflation

4. Dollars, Money, and Legal Tender

5. Revolutions, Elections, and Printing Presses

Big Mac Index

6. Wages, Prices, Spirals, and Controls

7. Wallpaper, Wheelbarrows, and Recessions

A Partial List of Runaway Inflations

Boom and Bust Cycle Since the Civil War

8. Fast Money

History Repeats

9. Getting Rich Quick

10. The Boom and Bust Cycle

Fear Has Become the Driver

11. How Much is a Trillion?

The Roaring 90s

Federal Debt Chart

12. What's So Bad About the Federal Debt?

An Interesting Exercise

One Reason Governments Spend So Much

13. Summary

What Happened in 2008?

The Unknown Shakeout

14. Where Do We Go From Here?

15. Natural Law and Economic Prosperity

Nations and Legal Systems
Appendix
Excerpt from The Long Winter

Sutter's Fort Trade Store Sign

Comparison of Law Chart

Distilled Wisdom

The Truth About Inflation

The Oil Myth

Measures of Money Supply

Supply of Dollars Chart

Real Wages

Real Wages Chart

How to Invest in Gold and Silver

Resources

Movies and Documentaries

Websites

Financial Newsletters

Bibliography and Recommended Reading

Glossary
Books for Further Study (also available through Amazon)
"Economics: A Free Market Reader" edited by Jane A. Williams and Kathryn Daniels
"Capitalism for Kids" by Karl Hess
"Common Sense Business for Kids" by Kathryn Daniels
"Whatever Happened to Justice?" by Richard J. Maybury

About this title

About the Author

Richard Maybury, also known as Uncle Eric, is a world renowned author, lecturer, and geopolitical analyst. He consults with business firms in the U.S. and Europe. Mr. Maybury is the former Global Affairs editor of "Moneyworld" and widely regarded as one of the finest free-market writers in America. Mr. Maybury's articles have appeared in "The Wall Street Journal", "USA Today", and other major publications. He has penned eleven books in the Uncle Eric series. His books have been endorsed by top business leaders, including former U.S. Treasury Secretary William Simon, and he has been interviewed on more than 250 radio and TV shows across America.

Review

"Maybury's forte is explaining economics in an interesting, logical, and easy-to-understand manner no small achievement in economics pedagogy. Equally important, the economics in 'Whatever Happened to Penny Candy' makes such good sense. When government's economic policies make us say 'uncle,' let's hope it's 'Uncle Eric,' Maybury's letterwriter and alter ego." ----John G. Murphy, Ph.D., President, National Schools Committee for Economic Education (commenting about a prior edition)

"This book is must reading for children of all ages. Its presentation of some of the fundamentals of economics is lucid, accurate, and above all highly readable." --Michael A. Walker, Executive Director, The Fraser Institute, British Columbia, Canada (commenting about a prior edition)

"This one slim volume can and should replace at least one full shelf of weighty tomes. There's really no excuse for being baffled by economic theory and economic theoreticians when you can spend an evening with this grand book and learn the ABC's of a subject about which the politicians, in particular, wish you'd stay illiterate." --Karl Hess, Author, "Capitalism for Kids" (commenting about a prior edition)

Edition details

• Publisher: Bluestocking Pr
• Publication date: 2015
• ISBN 10: 0942617649
• ISBN 13: 9780942617641
• Binding: Paperback
• Language: English
• Number of pages: 168