Books like Whatever Happened to Penny Candy? by Richard J. Maybury

In *Whatever Happened to Penny Candy?*, Richard J. Maybury delivers an easy‑to‑read, award‑winning overview of core economic principles through a series of letters from the author, portrayed as an economist named Uncle Eric, to a young relative named Chris. The book covers the origins and history of money and the dollar, investment cycles, velocity of money, business and recessionary cycles, inflation, the demand for money, and the economic behavior of governments. All explanations are grounded in Austrian and Monetarist schools of economic theory, and the author uses illustrative stories and historical examples, including events from Ancient Rome, to clarify concepts that are often considered too complex for non‑experts. The work is recommended for courses in economics, business, finance, government, and even Ancient Roman history, and is considered essential reading for students, business professionals, and investors alike.

First publish date: 1989