Description
EDITION INFORMATION
What to look for in the seventh edition:
1) New: Beyond the Basics “Fear Has Become the Driver”. An explanation regarding how human emotions can affect the economy.
2) Updated: Runaway inflations.
3) Updated: Nations and Legal Systems.
4) Updated and/or Revised: graphs, charts, and back matter.
5) Minor updates throughout to reflect current numbers, statistics, dates, and data.
BOOK DETAILS
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.
Though there is a recommended order of reading for the series, the books can be read in any order, and each have been written to stand alone.
To see some of the changes/updates from the 6th edition to the 7th edition, please click here.
COMMENTS and 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.”
— Cindy West, March 4, 2011, The Curriculum Choice, http://thecurriculumchoice.com)
“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?
(NOTE: Bolded titles are for older students; nonbolded items are for all students)
About the Uncle Eric Series
Quantity Discounts Available
A Note to Educators
Study Guide Available
Acknowledgements
Contents
Author’s Disclosure
Preface
A Note About Economics
Beyond the Basics
A Note to Readers
1. Money: Coins and Paper
2. Tanstaafl, The Romans, and Us
3. Inflation
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
History Repeats
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
13. Summary
What Happened in 2008?
The Unknown Shakeout
14. Where Do We Go From Here?
15. Natural Law and Economic Prosperity
Nations and Legal Systems
Appendix
Excerpt from The Long Winter
Sutter’s Fort Trade Store Sign
Comparison of Law Chart
Distilled Wisdom
The Truth About Inflation
The Oil Myth
Measures of Money Supply
Supply of Dollars Chart
Real Wages
Real Wages Chart
How to Invest in Gold and Silver
Resources
Movies and Documentaries
Websites
Financial Newsletters
Bibliography and Recommended Reading
Glossary
Index
About Richard J. Maybury
Bluestocking Press
To improve the student’s learning experience, consider adding the Whatever Happened to Penny Candy? student study guide A Bluestocking Guide: Economics to your student’s curriculum.
