Playing the Market: Stocks and Bonds
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\ School Library JournalGr 3-5-After briefly defining the economy, Condon introduces savings and investments and various types of businesses, emphasizing how companies raise money to finance their operations. He discusses the differences between stocks and bonds, interest rates, the role of government and the Federal Reserve, and the stock and bond markets, concluding with instructions for reading newspaper financial reports. The writing style is involving, although some of the vocabulary seems a bit challenging for the audience. Full-color photos and charts appear throughout; some of the illustrations enhance the text but most are decorative. Following a history of taxation, Giesecke covers various types of taxes, how these funds are collected, and how the government spends the money. She provides an appropriate amount of detail, and her explanations are clear, particularly in comparing different levels of taxation (federal, state, and local). The illustrations include numerous reproductions of historical events, such as the Boston Tea Party. With their concise definitions and attractive design, these offerings compare well with Charles Caes's The Young Zillionaire's Guide to the Stock Market (Rosen, 2000) and Sarah De Capua's Paying Taxes (Children's, 2002), and will appeal to report writers. For general readers, most libraries may want to stick with broader titles like Neale S. Godfrey's Ultimate Kids' Money Book (S & S, 1998).-Jonathan Betz-Zall, City University Library, Everett, WA Copyright 2004 Reed Business Information.\ \
