Basic Economics 3rd Ed: A Common Sense Guide to the Economy
by Thomas Sowell
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Book Summary Information
Author: Thomas SowellEdition: Hardcover
Published: 2007-04-02
ISBN: 0465002609
Number of pages: 640
Publisher: Basic Books
Book Reviews of Basic Economics 3rd Ed: A Common Sense Guide to the Economy
Book Review: Basic Economics
Summary: 5 Stars
Thomas Sowell should be required reading in schools. No one articulates complex subjects in such simple, understandable terms than this man. He's a great read. Simply great.
Summary of Basic Economics 3rd Ed: A Common Sense Guide to the Economy
Basic Economics is a citizen’s guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.
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