Whatever Happened to Penny Candy? by Richard J. MayburyIn 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 students 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?
Study Guide Available
Note to Reader
A Note About Economics
1. Money: Coins and Paper
2. Tanstaafl, The Romans, and Us
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
9. Getting Rich Quick
10. The Boom and Bust Cycle
11. How Much is a Trillion?
The Roaring 90s
Federal Debt Chart
12. Whats So Bad About the Federal Debt?
An Interesting Exercise
One Reason Governments Spend So Much
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
Median Income Chart
The Oil Myth
How to Invest in Gold and Silver
Measures of Money Supply
The Truth About Inflation
Real Investment Value
Answers to Exercises for Real Investment Value
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.
Whatever Happened to Penny Candy Economics Course
Whatever Happened to Penny Candy?
Richard Maybury, under the guise of "Uncle Eric," teaches basic concepts in both economics and government in language that children and teens can understand. Each book is written as a series of letters from Uncle Eric to Chris, who could be either his niece or nephew. Maybury has a gift for translating what sounds like tedious information into very personalized examples. Each letter is reasonably brief, so students will not be overwhelmed with too much information at once. The other books should wait till at least junior high or high school level. Uncle Eric explains the economic facts of life simply, adding interesting historical tidbits along the way.
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While the financial crash and post-recession world has proven young people need to understand economics, Whatever Happened to Penny Candy actually makes it fun, fascinating, and entertaining! Common-sense arguments and down-to-earth explanations create a thorough look at money that's understandable for all. This revised 7th edition now includes updates on runaway inflation, nationals, and legal systems, along with minor updates to reflect current numbers, statistics, dates, data, graphs, charts, and back matter.
Quantity Discount Information For information on quantity discounts on this or any other Uncle Eric book, contact the Special Sales Department at Bluestocking Press: or or email: specialsales BluestockingPress. Additional information on "Whatever Happened to Penny Candy? A fast, clear, and fun explanation of the economics you need for success in your career, business, and investments Seventh Edition " by Richard J. An explanation regarding how human emotions can affect the economy. Reading level: Ages 13 through Adult.
For years, people have approached the Mises Institute about publishing a book on economics for kids. But why reinvent the wheel? It comes with a helpful study guide that is just right for a classroom setting. The author put this book together under the influence of Murray Rothbard and Henry Hazlitt. He sought to make their insights understandable to junior high kids. The book is now in its fifth edition, and the author has responded well to many comments from teachers and parents along the way.