Monday, September 29, 2008

Uncertain Economic Times

I'd like to recommend a book that makes basic economics understandable. It's written in simple enough terms that children and their middle-aged parents both gain knowledge about the basics of our free enterprise system. Many homeschooling families use it, and it's part of Sonlight's curriculum (which is how I stumbled across it).  

Whatever Happened to Penny Candy, by Richard Maybury, is written as a series of letters from an economist to his nephew, Chris. History, definitions, quotes and statistics are sprinkled liberally throughout, and hold the interest of the reader well.

I close with this quote which seems appropriate in these times:

"The public money of this country is the toil and labor of the people, who are under many uncommon difficulties and distresses at this time, so that all reasonable frugality ought to be observed."

--John Adams, 1735-1826
American Revolutionary and 2nd President of the United States


  1. It is reasonable, but individuals aren't always reasonable these days.

  2. I really don't see any positive results from what is happening,unfortunately I guess we'll just have to wait and see.

  3. I'm quite concerned, too, deepend. I know it's going to hurt no matter what they decide to do. I just hope they're wise enough to choose the hurt that brings health to our economy, rather than debt to our grandchildren unto the 3rd and 4th generations...

  4. After reading "John Adams", he will forever be one of my heroes. That book sounds really good! What SL core is it in?

  5. Pam, it's in Core 5, Major Non-Western Cultures. But you can find it almost anywhere that homeschooling books are sold (and of course on Amazon).


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