Whatever Happened to Penny Candy?

Description Product Details Reviews (0) Whatever Happened to Penny Candy? 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 (see reviews below), and has, as part of the Uncle Eric series, been voted a First Place Winner in the Government Category of Mary Pride’s Practical Homeschooling© Reader Awards™! for the past several years. Table of Contents (NOTE: Bolded titles are for older students; non-bolded items are for all students) About the Uncle Eric SeriesQuantity Discounts AvailableA Note to EducatorsStudy Guide AvailableAcknowledgementsContentsAuthor’s DisclosurePrefaceA Note About EconomicsBeyond the BasicsA Note to Readers 1. Money: Coins and Paper2. Tanstaafl, The Romans, and Us3. Inflation4. Dollars, Money, and Legal Tender5. Revolutions, Elections, and Printing PressesBig Mac Index6. Wages, Prices, Spirals, and Controls7. Wallpaper, Wheelbarrows, and RecessionsA Partial List of Runaway InflationsBoom and Bust Cycle Since the Civil War8. Fast MoneyHistory Repeats9. Getting Rich Quick10. The Boom and Bust CycleFear Has Become the Driver11. How Much is a Trillion?The Roaring 90sFederal Debt Chart12. What’s So Bad About the Federal Debt?An Interesting ExerciseOne Reason Governments Spend So Much13. SummaryWhat Happened in 2008?The Unknown Shakeout14. Where Do We Go From Here?15. Natural Law and Economic ProsperityNations and Legal Systems Appendix Excerpt from The Long WinterSutter’s Fort Trade Store SignComparison of Law ChartDistilled WisdomThe Truth About InflationThe Oil MythMeasures of Money SupplySupply of Dollars ChartReal WagesReal Wages ChartHow to Invest in Gold and SilverResourcesMovies and DocumentariesWebsitesFinancial NewslettersBibliography and Recommended ReadingGlossary IndexAbout Richard J. MayburyBluestocking Press