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Description
"We issue our money in proportion to the demands of trade and industry," Benjamin Franklin told the British. This book tells stories about wise and unwise money management, how people stumble through credit booms, and fail to foresee the inevitable bust. Read about bank credit's lure and torment and about possible controls. No math, no jargon! High school students will enjoy the book as class text, and hopefully grow up insisting on checks and balances.
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"We issue our money in proportion to the demands of trade and industry," Benjamin Franklin told the British. This book tells stories about wise and unwise money management, how people stumble through credit booms, and fail to foresee the inevitable bust. Read about bank credit's lure and torment and about possible controls. No math, no jargon! High school students will enjoy the book as class text, and hopefully grow up insisting on checks and balances.
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