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Additional information on "Seventh Edition
DESCRIPTIONThis clearly written, award-winning book about economics is a remarkably easy and fun explanation of money (its origin and history), the dollar (its origin and history), investment cycles, velocity, business cycles, recessions, inflation, the demand for money, government (its economic behavior), and more. All explanations and interpretations are according to the Austrian and Monetarist schools of economic theory.
Using the epistolary style of writing (using letters to tell a story), author Richard J. Maybury plays the part of an economist (Uncle Eric) writing a series of letters to his niece or nephew (Chris). Using stories and examples (including historical events from Ancient Rome), Mr. Maybury explains economic principles, giving interesting and clear explanations of topics that are generally thought to be too difficult for anyone but experts. Mr. Maybury warns, "Beware of anyone who tells you a topic is above you or better left to experts. Many people are twice as smart as they think they are, but they've been intimidated into believing some topics are above them. You can understand almost anything if it is explained well."
Whatever Happened to Penny Candy? is essential for every student, businessperson and investor. It was recommended by the late William Simon, former U.S. Treasury Secretary and is also on many recommended reading lists (see reviews), and has, as part of the Uncle Eric series, been voted a First Place Winner in the Government Category of Mary Pride's Practical Homeschooling© Reader Awards™! for the past four years.
To improve the student's learning experience, also purchase the student study guide for Whatever Happened to Penny Candy? titled A Bluestocking Guide: Economics
What to look for in the seventh edition:
Paperback. 168 pages, quality paper, 8.5 x 5.5 inches.
Reading level: Ages 13 through Adult. Though some of our readers have introduced the book to their children as young as 9 years of age.
Course Uses: is appropriate for courses in economics, business, finance, government and Ancient Rome.
Corresponding student study guide: A Bluestocking Guide: Economics
Series Information: Whatever Happened to Penny Candy? is part of the 11 book series: Uncle Eric's Model of How The World Works.
To see some of the changes/updates from the 6th edition to the 7th edition, please click here.
REVIEWS about previous editions of Whatever Happened to Penny Candy?
"I have been searching for an economics course that would be suitable for middle school students. Much to my pleasure, I found exactly what I was looking for in Business, Economics and Entrepreneurship for Middle School Students by Bluestocking Press!
Whatever Happened to Penny Candy? was recommended to me over and over, which was what originally led me to the Bluestocking Press site. I was overjoyed to find an entire curriculum set for middle school students that included not only the book I was looking for, but three others!
Whatever Happened to Penny Candy? is a simply written book of 15 chapters that helps students (and adults like me) understand the basics of the economics system in the United States. Not only that, but it incorporates history and current events in as well.
In real terms that aren't weighty and hard-to-grasp, your children will finish this book with more information than I was ever taught (even in college) about such things as wages, inflation, recessions, federal debt, and so much more. Even better, there's a common-sense sort of humor to the book that kept me chuckling all the way through."
"Must reading for anyone who wishes to understand the basics of our free enterprise system." — William E. Simon, Former U.S. Secretary of the Treasury
"Probably the best short course in economics around... Buy a dozen and give them to friends. This is a great book!" — Douglas Casey, Author Crisis Investing and Strategic Investing
"You'll be looking for someone to share it with as soon as you've finished it." — Barbara Brabec, Editor National Home Business Report
"This one slim volume can and should replace at least one full shelf of weighty tomes." — by Karl Hess, Author Capitalism for Kids
"A brilliant book." — John Taylor Gatto, New York State Teacher of the Year
"The book is excellent... There is a definite need for material about this difficult subject, and this book should be added to all collections serving middle- and intermediate-grade readers." — School Library Journal
"This book has been endorsed by educators, authors, and government officials for its unique contribution to the education of consumers from childhood to adulthood." — PTA Today
"Highly recommended." — Mary Pride, Author
Table of Contents for Whatever Happened to Penny Candy?
Quantity Discounts Available
A Note to Educators
Study Guide Available
A Note About Economics
Beyond the Basics
A Note to Readers
1. Money: Coins and Paper
2. Tanstaafl, The Romans, and Us
4. Dollars, Money, and Legal Tender
5. Revolutions, Elections, and Printing Presses
Big Mac Index
6. Wages, Prices, Spirals, and Controls
7. Wallpaper, Wheelbarrows, and Recessions
A Partial List of Runaway Inflations
Boom and Bust Cycle Since the Civil War
8. Fast Money
9. Getting Rich Quick
10. The Boom and Bust Cycle
Fear Has Become the Driver
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
What Happened in 2008?
The Unknown Shakeout
14. Where Do We Go From Here?
15. Natural Law and Economic Prosperity
Nations and Legal Systems
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Great book for children to learn the history of economics. We had a home school group ages 6th grade to 11th. Even for adults there is something new to learn. He has a great way of putting it so the kids can learn and get it.
» more reader reviews
Must reading for anyone who wishes to understand the basics of our free enterprise system.
(William E. Simon, former U.S. Secretary of the Treasury)
» more editorial reviews
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