Sowell explains the principles of economics in plain jargon for the general public, answering questions like: Why are homeless people sleeping on the sidewalks of New York in the winter, when abandoned apartment buildings have four times as many dwelling units as there are homeless people in the city? Why did Russians have to import food to feed people in Moscow, when Russia itself had vast amounts of some of the richest farmland in Europe? What are the reasons for the large differences in income and wealth between nations?
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Sowell explains the principles of economics in plain jargon for the general public, answering questions like: Why are homeless people sleeping on the sidewalks of New York in the winter, when abandoned apartment buildings have four times as many dwelling units as there are homeless people in the city? Why did Russians have to import food to feed people in Moscow, when Russia itself had vast amounts of some of the richest farmland in Europe? What are the reasons for the large differences in income and wealth between nations?
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Add this copy of Basic Economics: a Common Sense Guide to the Economy to cart. $13.02, good condition, Sold by Open Books Ltd rated 4.0 out of 5 stars, ships from Chicago, IL, UNITED STATES, published 2010 by Basic Books.
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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.
