Whatever Happened to Penny Candy? A Fast, Clear, and Fun Explanation of the Economics You Need For Success in Your Career, Business, and Investments (An Uncle Eric Book)

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Good Intro

Focuses on Facts

Even better than "Economics In One Lesson"

Great Book on Money and Inflation

What every American Needs to know

Whatever Happened to Penny Candy? A Fast, Clear, and Fun Explanation of the Economics You Need For Success in Your Career, Business, and Investments (An Uncle Eric Book)
Richard J. Maybury
Manufacturer: Bluestocking Press
ProductGroup: Book
Binding: Paperback

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Similar Items:

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ASIN: 0942617525
Release Date: 2004-05-15

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 former U.S. Treasury Secretary William Simon. It is also on many recommended reading lists.
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.com.

Table of Contents for Whatever Happened to Penny Candy?

Acknowledgements
Study Guide Available
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
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
14. Where Do We Go From Here?
15. Natural Law and Economic Prosperity
Nations and Legal Systems

Appendix (not a complete listing)
Supply of Dollars Chart
Real Wages Chart
Quotes
Median Income Chart
The Oil Myth
How to Invest in Gold and Silver
Measures of Money Supply
The Truth About Inflation
Real Investment Value
Resources
Internet Addresses
Book Suppliers
Distilled Wisdom
Bibliography
Glossary
Answers to Exercises for Real Investment Value
Index

For Further Study (also available through Amazon.com)
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? rev. ed.
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."

Customer Reviews:

Good Intro.......2007-08-25

Good introduction to the value of money; or what government does to decrease the value of money. Written to be accessible to youth and does a good job of putting economic ideas into readable prose.

Focuses on Facts.......2007-08-17

This treasure of a book rises to the top amongst the scant Economics courses available for home education. Along with the Bluestocking Guide available to accompany it, Penny Candy provides all that is needed in a high school economics course and spares the reader the unnecessary fillers. Written in the creative format of correspondence letters, all the meaty issues are presented in a highly understandable writing style.

The Bluestocking Guide gives additional writings to amplify the chapters. Questions, essay assignments, and a list of supplemental movies and books make this a thorough and well-rounded course.

Even better than "Economics In One Lesson".......2006-06-27

I think this is the best book out there to help quickly spread a basic understanding of economics and therefore how the world works. The knowledge and importance per page ratio is the highest I have ever read. Even better than Harry Browne's intro to economics from his famous first 80 pages of "How you can profit from the coming devaluation" .

Pages 13 - 90 are the heart of the book. That is 77 pages that in less than 2 hours can take your average person from unfortunate ignorance to economic genius compared to your average economics college graduate.

Somehow someone needs to reach Bill Gates and Warren Buffet and get them to read this book and put a copy in every american household. That would really be the most charitable thing they could do.

Great Book on Money and Inflation.......2006-04-28

The great thing about this book is that it's a great explanation of inflation. The bad thing about this book is it's a great explanation of inflation. Yes, I said the same thing twice.

When it was first written-1978-inflation was the major thing in American economics. Today it is still a major threat-but the social urgency over it has declined as the rate of inflation has waned over the years. Yet, I still give this book a 5 star rating because understanding inflation requires explaining money. This book explains money better than any other book I've read.

Understanding money is VERY important. It is not only the key to explaining inflation, but it is the context in which almost all business activity plays out. A good understanding business requires understanding this context. This book does a great job a laying out that context.

The writing style is down to earth and simple. The book is short, very entertaining (for an economics book), and has clearly defined chapters. The author has some good illustrations. I don't really mean the expected graphical illustrations-although it has some of them too. I mean historical illustrations: stories of how societies have used (and abused) money in the past. These stories not only buttress the author's arguments, but also anchor the lessons in tangible human drama.

I'd recommend this book to anyone interested in learning economics and/or business.

What every American Needs to know.......2006-02-17

Absolutely marvelous and clearly explained! I am a science teacher certified to teach all the major science disciplines and have read many books concerning economics. This one trumps them all! Common sense is throughout.

Whatever happened to penny candy?: For students, business people, and investors : a fast, clear, and fun explanation of the economics you need for success in your career, business, and investments

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Whatever happened to penny candy?: For students, business people, and investors : a fast, clear, and fun explanation of the economics you need for success in your career, business, and investments
Rick Maybury
Manufacturer: Bluestocking Press
ProductGroup: Book
Binding: Paperback

General | Popular Economics | Business & Investing | Subjects | Books

Theory | Economics | Business & Investing | Subjects | Books
ASIN: 0942617037
Release Date: 1989-01-01

Product Description

This edition is out of print. It has been replaced by a more current edition. On Amazon, select books and insert 0942617525 or 9780942617528 in the search field to be redirected to a current edition of this title.

Bluestocking Guide: Economics (Study Guide for Whatever Happened to Penny Candy?)

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Bluestocking Guide: Economics (Study Guide for Whatever Happened to Penny Candy?)

Manufacturer: Bluestocking Pr
ProductGroup: Book
Binding: Paperback

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Whatever Happened to Penny Candy?
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The Pacific Basin is the most dynamic economic region of the world, and has become a model for efficient international specialization, growth, and rising living standards. This book brings together leading economic experts from around the region to appraise and distill the most important issues facing its policy makers, including trade relations, foreign investment flows, and the environment. As we stand at the threshold of the Pacific Century, the lessons this region imparts to us hold the promise of rising living standards around the world.

ECONOMIC DEVELOPMENT & COOPERATION IN THE PACIFIC BASIN: Trade, Investment, & Environmental Issues.(Review): An article from: Pacific Affairs

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ECONOMIC DEVELOPMENT & COOPERATION IN THE PACIFIC BASIN: Trade, Investment, & Environmental Issues.(Review): An article from: Pacific Affairs
Stephen Levine
Manufacturer: University of British Columbia
ProductGroup: Book
Binding: Digital

Natural Resources | Economics | Business & Investing | Subjects | Books

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This digital document is an article from Pacific Affairs, published by University of British Columbia on September 22, 2000. The length of the article is 670 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: ECONOMIC DEVELOPMENT & COOPERATION IN THE PACIFIC BASIN: Trade, Investment, & Environmental Issues.(Review)
Author: Stephen Levine
Publication: Pacific Affairs (Refereed)
Date: September 22, 2000
Publisher: University of British Columbia
Volume: 73 Issue: 3 Page: 417

Article Type: Book Review

Distributed by Thomson Gale

Average customer rating:

Good diagnostic, but weak on the solutions

Can Japan Come Back: Report of the Pacific Council on International Policy Task Force on Understanding Tomorrowªs Japan

Manufacturer: Diane Pub Co
ProductGroup: Book
Binding: Plastic Comb

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ASIN: 0756731364

Customer Reviews:

Good diagnostic, but weak on the solutions.......2003-10-02

This policy book does a good job of analyzing Japan's problems. And, as we'll see there are many, and there are serious. Starting with economics ones, since 1990, the Japanese economy has literally stopped growing. Ever since, it has experienced deflation associated with lackluster consumer demand. Its unemployment rate has steadily risen from 2% in 1991 to 3.5% in 2001, and is expected to continue rising to unprecedented levels relative to historical levels. The banking system is in disarray, piling up nonperforming loans (NPLs) faster than the system can charge them off. The lack of integer accounting and adequate disclosure makes it impossible to have a firm handle on the overall levels of these NPLs. Government figures of $250 billion in NPLs grossly underestimate this issue. More realistic figures from the private sectors are around $1 trillion. The Japanese government has made no progress whatsoever in solving the NPL problem since it first surfaced in 1989. To stimulate the economy, the government has turned to a huge boost in public spending on large public sector infrastructure projects. But, these projects have been totally unproductive like highways going to nowhere. As a result, Japan's public debt level has rapidly risen to unsustainable levels. Japan's public debt recently exceeded 140% of its GDP. For comparison, U.S. government debt at its peak stood at 60% of GDP. Japan's debt has risen to 27% of all government debt worldwide, from only 17% in 1992.

By almost any measure, China is a growing economic rival to Japan, and it's winning. By one estimate of purchasing power parity, China's GDP outstripped Japan's, $5 trillion to $3.4 trillion in 2001. Given their respective growth rates (China very fast, Japan flat), China is expected to further leave Japan in the dust in terms of economic growth and might.

Japan also faces a demographic juggernaut. With a rapidly rising aging population and a shrinking workforce, you have fewer workers supporting an increasing retiree population. Pension benefits are financed by income tax, but the share of the tax needed to cover existing benefits would have to rise from 12% to 38% in 20 years, something that Japanese citizens simply do not expect to happen.

Japan's political system is dominated by a single party, the Liberal Democratic Party who has been in power since the end of WWII. The lack of political competition between at least two viable competing parties has rendered Japan's political system lethargic, and unable to implement the type of reforms necessary to resolve its economic problems. The political system is characterized by little innovation, seemingly endemic corruption, and weak leadership: Japan has had 11 prime ministers since 1987. None of them left much of a legacy on the system.

The authors offer several solutions to Japan's multi dimensional problems. These include:
1)Rendering their markets more open to both foreign and domestic competition. Create a business climate through taxation that stimulates entrepreneurship and risk taking;
2)Bring more women in the workforce. And, encourage a greater equality between women and men in business, politics, and society at large;
3)Be more open to foreign inmigration which has been so far very close to zero; and
4)Open up the domestic economy to an influx of direct foreign investment.

On this last point, the recent Renault acquisition of Nissan was a good start. But, far more major foreign acquisitions need to take place to reform domestic business practices. Foreign companies have proven to be far better employers of women and the young. Thus, foreign companies are healthy agents of change within Japanese society. However, so far they are still playing only a minor role in terms of the overall employment in Japan.

As seen above, this policy book is really short on solutions. The proposals mentioned above make good sense, but they have been reiterated for at least 10 years by policy analysts with little impact on the direction Japan is going.

Also, many problems remain unaddressed by this policy groups, including how to resolve the NPL problem, how to restructure not only the banking system, but the entire capital markets in Japan. Despite the Big Bang reform of 1995, the Japanese capital markets remain inefficient and far behind their counterparts in the U.S. and the U.K. How to shore up Japan's fiscal position. This includes reducing its structural budget deficits that currently run at 6% to 7% of GDP. It also entails paying down government debt that have reached staggering levels. How to seriously resolve its demographic challenges is another serious issue. Just saying that Japan has to be more open to foreign inmigration is to be ignorant of the xenophobic Japanese culture.

One of the authors of this book, Paul Crane Dorfman, stated a rebuttal at the end of this study. He indicated that the solutions as proposed (opening up markets, greater role of women, better business climate for entrepreneurship) are not at all probable to be achieved to any material degree. He adds that the overall optimistic tone of the book that Japan can actually come back to be a preeminent and healthily growing economic power is unjustified. After reading this book, I fully agree with his judgment. Just like him, I hope we are both wrong.

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This report contains business intelligence information for succesful export-import, business and investment operations, strategic contacts and more... The report also contains selected information on investment and business opportunities, international economic projects, tenders, government projects, as well as, marketing and export-import opportunities information.

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Luxembourg Business Intelligence Report, Third Edition, 2007.
International Business Publications
Manufacturer: International Business Publications. Luxembourg Business Intelligence Report, Third Edition, 2007. Global Investment Center, 2007. Quality paperback. pp. Very good plus condition.
ProductGroup: Book
Binding: Paperback
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