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English
Description
As the United States teeters on the brink of a severe economic downturn, many citizens have begun looking back at the Great Depression and wondering if it's about to happen again. An economic downturn is not necessarily a depression. Here, the mechanisms of a depression, its causes and effects, and how it develops into a worldwide situation are explored. The Great Depression is used as an illustrative thread running throughout the book to bring compelling,...
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Language
English
Description
This book succeeds in making complicated, abstract economic theories, practices, and processes not only accessible and comprehensible, but also highly relevant to young readers' lives. It also comes at a crucial moment in American history, as the nation enters a period of likely severe and prolonged recession. Your readers will learn exactly what recession is, how to cope with it, and how it can be controlled or moderated. This excellent information...
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Series
Language
English
Description
Readers get a view behind the gilded doors which will reveal the inner workings of pyramid and Ponzi schemes, telemarketing scams, identity theft, creative accounting, phishing, and other large-scale frauds and scams that impact not only big money investors but cost ordinary working citizens as well. Intriguing historical and current examples of institutional ruinous shell games include Madoff, WorldCom, Enron, and Jon Corzine's MF Global. Most importantly,...