How an Economy Grows and Why it Crashes (ISBN-10: 047052670X) provides a simple explanation of some basic economic principles and concepts by making economics fun and accessible with an engaging, fictitious story which is richly illustrated with amusing cartoons.
The story begins with three men on a deserted island who, in order to survive, have to spend all their time catching fish with their bare hands. Eventually they develop nets and other fish-catching devices that enable them to devote time to other activities. Immigrants arrive, and the economy becomes increasingly complex.
Because of their universal value, fish are start to be used as money which leads to specialization of labor and the start of a capitalist society (where those who own capital, such as carts or saws, employ those who don’t). A bank is created that provides a safe place for people to keep their money and provides loans for promising projects.
This all leads to rising debt, and "fishflation" with several attempts to fix the ailing fish economy!
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