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Product Description
In "Whatever Happened to Penny Candy?" Richard Maybury uses historical events from Ancient Rome to explain economic principles. This clearly written book about economics is a remarkably easy and fun explanation of investment cycles, velocity, business cycles, recessions, inflation, the demand for money and more. Essential for every student, businessperson and investor. Recommended by the late William Simon, former U.S. Treasury Secretary. It 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?"
Acknowledgements
Beyond the Basics
Author's Disclosure
Preface
Note to Reader
A Note About Economics
Smart
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
Boom and Bust Cycle Since the Civil War
8. Fast Money
History Repeats
9. Getting Rich Quick
10. The Boom and Bust Cycle
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
Internet Addresses
Financial Newsletters
Bibliography and Recommended Reading
Glossary
Index
About Richard J. Maybury
Bluestocking Press
Books for Further Study (also available through Amazon)
"Economics: A Free Market Reader" contains articles by noted economists that expand on the concepts presented in "Penny Candy." Study questions/answers included.
"Capitalism for Kids" explains the philosophy of entrepreneurship. Excellent information for both kids and adults. Includes a test to help kids determine if they have the personality to become an entrepreneur.
"Common Sense Business for Kids" explains common sense strategies behind basic business principles. Gems of wisdom for the businessperson (young or experienced) conveyed through real-life stories and anecdotes. Though written with young people in mind, this book is engaging and beneficial for adults as well.
"Whatever Happened to Justice?" explains the common law model. Maybury says, "In my opinion, you and your family and friends will avoid a lot of trouble, and find success of every kind easier to achieve, if you adopt these two models, Austrian economics and common law. 'Penny Candy' explains the Economic model. Now, read 'Justice' for the Legal model. Underlying common law are two basic rules: 1) do all that you agreed to do and 2) do not encroach on other persons or their property."
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