This completely revised and updated third edition of Thomas Sowell's instrumental work includes a new chapter of government finance. "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 ...
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This completely revised and updated third edition of Thomas Sowell's instrumental work includes a new chapter of government finance. "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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Add this copy of Basic Economics: a Common Sense Guide to the Economy to cart. $16.87, good condition, Sold by HPB-Red rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2007 by Basic Books.
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This item is in overall good condition. Covers and dust jackets are intact but may have minor wear including slight curls or bends to corners as well as cosmetic blemishes including stickers. Pages are intact but may have minor highlighting/ writing. Binding is intact; however, spine may have slight wear overall. Digital codes may not be included and have not been tested to be redeemable and/or active. Minor shelf wear overall. Please note that all items are donated goods and are in used condition. Orders shipped Monday through Friday! Your purchase helps put people to work and learn life skills to reach their full potential. Orders shipped Monday through Friday. Your purchase helps put people to work and learn life skills to reach their full potential. Thank you!
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Professor Sowell has written an exceptionally clear exposition on economics, in this book. It is not filled with graphs and calculus. Instead it focuses on historical examples to explain the precepts of economic theory. Very effective.
Robert G
Apr 5, 2012
Basic Economics
Wish I had read this book before taking college economics. Very readable. Excellent explanation of economic principles. You will look at all the current political comments on the economy in a different light after you read this book.
