Andrew Schiff Explains How an Economy Grows and Why It Crashes
Andrew Schiff uses a parable to explain How an Economy Grows and Why It Crashes in his latest book by the same name. He, and his brother Peter Schiff, use three men (Able, Baker and Charlie) on an island named Ustonia to explain basic economic principles.
A timely subject as the United States emerges from the recent recession.
Listen to his explaination below: