by Richard J. Maybury
The first in a series of books written by Maybury on the basic concepts of economics and historical events which affect our daily living habits and lifestyles, Whatever Happened to Penny Candy? is a book that has been acclaimed by former US Secretary of the Treasury, William Simon, John Taylor Gatto, New York State Teacher of the Year and many others.
Maybury himself states that he wrote this book while teaching high school business courses and not being able to locate a “text that explained business cycles in language that students could understand.”
Whatever Happened to Penny Candy? contains one of the most powerful explanations about how the velocity of money affects prices and is just as effective in doing so as increasing the money supply. Understanding of velocity of money is what so many people need to comprehend, especially those who are implementing, or thinking about implementing, the self-financing methods that Your Wealth Team here at Life Benefits Inc. consult.
From ideas about “getting rich quick” to discovering “what’s so bad about the Federal Debt” the reader will be guided on a fascinating journey of being truly educated about what they need to do to change the course of our history.
Reading Whatever Happened to Penny Candy? is an examination of history where what is happening today is shown to have already been tried in the past. Therefore, whatever the results were then, will be the results that can be expected. And that knowledge can make the reader very wise in what they should be doing today.
Review by Tomas McFie