Basic economic understanding is sorely lacking in the general population. Seeing that a significant number of people have a very lackadaisical attitude towards money, which causes them to drastically overspend, it is little surprise that the disastrous monetary policies of much of the world’s countries are similarly misguided. The underlying theme seems to be that… Continue reading How an Economy Grows and Why It Crashes (2010) by Peter and Andrew Schiff

Germany is often lauded as an economic powerhouse. I often encounter foreigners who have an almost comical perception of Germany. They praise German engineering, Germany’s leading role in European politics, the (currently) very low level of unemployment, and sometimes even stereotypically German character traits, such as being conscientious, hard-working, reliable, and punctual. Reality is a… Continue reading Book Review: Germany’s Hidden Crisis by Oliver Nachtwey