How an Economy Grows and Why It Doesn't

by Irwin A. Schiff (Author), Vic Lockman (Author)



With wit and humour Schiff explains:
1. The roots of economic growth.
2. The economic benefits of underconsumption.
3. Where savings come from.
4. Why economic growth is dependant on savings.
5. How consumer spending stiffels economic growth.
6. How capital is created.
7. How governments destroy capital.
6. The four uses of capital.
9. How capital benefits even those who don't have any.
10. The destructive nature of consumer credit.
11. How free enterprise forces capitalists, no matter how mean and greedy, to benefit society, if they want to get richer.
12. Why government can not expand credit.
13. How the federal government loots society's limited store of savings.
14. How the Federal Reserve operates as the U.S. Government's partner in crime.
15. Where inflation comes from and why prices go up.
16. How the government creates unemployment.
17. The myth of government "jobs" programs.
18. Why most politicians are deceivers, (this of course will not be news to many, but this book will allow you to cite chapter and verse.)
19. How the U.S. government destroys America's ability to produce.
20. Plus a whole lot more!