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.
| ||||||||||||||||||||||||
 Sell Back Your Copy for $2.00
Whether you buy it used on Amazon for $3.25 or somewhere else, you can sell it back through our Book Trade-In Program at the current price of $2.00.
Used Price$3.25
Trade-in Price$2.00
Price after
Trade-in$1.25 |
|
There is a newer edition of this item:
|
Book Description
Editorial Reviews
Review
"Clear and concise... Among economists of the past 30 years, (Sowell) stands very proud indeed." Wall Street Journal "Basic Economics is not only valuable for a general lay-person audience; it would also benefit lawyers, politicians, and yes, economists as well." Washington Times"
About the Author
Thomas Sowell has taught economics at a number of colleges and universities, including Cornell, University of California Los Angeles, and Amherst. He has published both scholarly and popular articles and books on economics, and is currently a scholar in residence at the Hoover Institution, Stanford University.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals in such popular media as the Wall Street Journal, Forbes magazine and Fortune, and writes a syndicated column that appears in newspapers across the country.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
145 of 160 people found the following review helpful:
5.0 out of 5 stars
The one book to read for a good understanding of economics,
By
This review is from: Basic Economics: A Common Sense Guide to the Economy (Hardcover)
This is simply the best book on understanding rudimentary economics available. This book takes a sophisticated subject and makes it very clear and understandable. While not as detailed as a textbook on the subject would be, it gets across the main theories of economics with real examples that can be understood and related to by almost anyone. This is simply the best and most readable source available to get a basic understanding of economic principles.
60 of 66 people found the following review helpful:
5.0 out of 5 stars
A "must read"....,
By DIY_Man "Guru" (Charlotte, NC USA) - See all my reviews
This review is from: Basic Economics: A Common Sense Guide to the Economy (Hardcover)
Everyone without a degree in Economics should read this book. This is a very easy and practical way to understand basic economic principles. Sowell is a master at making seemingly complex concepts into something very understandable by removing all the unecessary jargon and replacing it with real life examples we can all understand. I'e read this book twice. The second reading two years later than the first. I got as much out of it the second time as I did the first. I'll share this book around the family, but will definately be getting it back again.
78 of 88 people found the following review helpful:
5.0 out of 5 stars
Fascinating inquiry into a seemingly benign subject,
By oribiasi (Cleveland, OH USA) - See all my reviews
This review is from: Basic Economics: A Common Sense Guide to the Economy (Hardcover)
When one thinks of economics, one is typically confronted with the kind of malaise that Jimmy Carter once spoke of. However, Sowell's book is filled with concrete examples of how to apply some basic and interesting principles of economics in daily life, and he explains why these principles are so fundamental to our lives. I think all high-school graduates with any sense should read this before signing up for credit cards or getting a job, and certainly any college student looking for work as well. A fantastic read, which is certainly difficult to do when one is speaking about the economy.
Share your thoughts with other customers: Create your own review
|
|
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
(learn more)
Key Phrases - Statistically Improbable Phrases (SIPs):
(learn more)
greater physical scarcity, myths about markets, incremental substitution, systemic causation, job security laws, international trade restrictions, rent control laws, widget industry Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Basic Economics, Third World, Soviet Union, The Economist, New York, West Africa, Montgomery Ward, European Union, General Motors, San Francisco, The Role of Profits-and Losses, Controlled Labor Markets, The Role of Prices, Government Functions, World War, Government Finance, Adam Smith, International Transfers of Wealth, Gross Domestic Product, Ivory Coast, Wall Street, Western Europe, Hong Kong, Great Depression New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
greater physical scarcity, myths about markets, incremental substitution, systemic causation, job security laws, international trade restrictions, rent control laws, widget industry Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Basic Economics, Third World, Soviet Union, The Economist, New York, West Africa, Montgomery Ward, European Union, General Motors, San Francisco, The Role of Profits-and Losses, Controlled Labor Markets, The Role of Prices, Government Functions, World War, Government Finance, Adam Smith, International Transfers of Wealth, Gross Domestic Product, Ivory Coast, Wall Street, Western Europe, Hong Kong, Great Depression New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Books on Related Topics
(learn more)
|
What Other Items Do Customers Buy After Viewing This Item?
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
![[Start the discussion]](http://g-ecx.images-amazon.com/images/G/01/x-locale/communities/discussion_boards/start-new-discussion-sec._V192250339_.gif){kind=small}
Listmania!
|
|
So You'd Like to...
|
|
