While, I enjoyed Nash's Becoming Your Own Banker, The Case for IBC is the introduction to the Infinite Banking Concept that I was really looking for. Essentially, this book takes Nash's earlier book, strips out the fat, clarifies the explanations, and adds a couple of detailed illustrations. Instead of Nash's folksy wisdom, you get just the information you need to understand how IBC works. I'd also recommend this book over Lara and Murphy's How Privatized Banking Really Works, which has a very different agenda than explaining the basics of IBC.

As an economist, this book still left me unsatisfied, and I suspect that any economist or finance professor will feel the same way. Though this book does a better job of making this clear, the "magic" of IBC lies as much in committing oneself to accumulate a store of wealth up front as it does in the use of whole life insurance as a place to store that wealth. So, I would have liked more detailed comparisons of the IBC strategy to alternate investment strategies based on the same initial accumulation of savings. But the book does get you from zero to the point where you can think about those issues for yourself in a little over 100 pages, which is no mean feat. And, of course, Nash et al. would probably like you to follow up by delving into the training they offer, which might well be a good idea for someone working as a financial advisor or insurance salesperson.

I would recommend this book to any young person just starting out in their career, or to couples starting a family. I wish I'd had this information twenty—even ten—years ago! It will also be useful to older people thinking about how to pass a legacy on to the next generation. It's not a substitute for sitting down with a financial advisor and thinking carefully about a long-term plan for saving and investing. But it will make you aware of some options you probably aren't aware of, or which you've heard about and dismissed too quickly. [2019-05-11]