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How to Think about the Economy: A Primer Kindle Edition

4.6 4.6 out of 5 stars 194 ratings

This little book was written to accomplish something big: economic literacy. It is intentionally kept very short to be inviting rather than intimidating. You will gain life-changing understanding of how the economy works in practically no time.

Per Bylund will make you excited about what economics has to offer. Because economic literacy is mind-opening. Sound economic reasoning is an enormously powerful tool for understanding both the economy and society. Economic literacy uncovers what is going on under the surface and why things work out as they do. There is no magic to it. In fact, economic literacy is necessary to properly understand the world.

Short, direct, axiomatically unassailable, and devastating to the mythology of modern economics. This book not only promote Mises' views, but refutes and attacks the tragicomic orthodoxy of today’s economics mainstream.

Product details

  • ASIN ‏ : ‎ B0BB8N2L78
  • Publisher ‏ : ‎ Ludwig von Mises Institute (August 18, 2022)
  • Publication date ‏ : ‎ August 18, 2022
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 2902 KB
  • Simultaneous device usage ‏ : ‎ Unlimited
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 121 pages
  • Customer Reviews:
    4.6 4.6 out of 5 stars 194 ratings

About the author

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Per L. Bylund
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Per L. Bylund, Ph.D., is associate professor of entrepreneurship and Johnny D. Pope Chair in the School of Entrepreneurship at Oklahoma State University. His research focuses on entrepreneurship and prosperity creation, often inspired by the "Austrian" perspective, and has been published widely. He was previously in Hankamer School of Business at Baylor University and the Trulaske College of Business at the University of Missouri, and has worked professionally on three continents.

Customer reviews

4.6 out of 5 stars
194 global ratings
Economics for today's world
5 out of 5 stars
Economics for today's world
Per Bylund has succeeded in writing an easy to understand book on economics that anyone can read. Most people don't think about economics, but in reality everyone does. Economics impacts nearly every decision we make every day of our lives. What I liked most about this book is that it gives definition to the ideas I experience when making decisions.I highly recommend this book for anyone that wants to expand their economic knowledge, that wants to have a better understanding of the world around them, and that wants to make better decisions.
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Top reviews from the United States

Reviewed in the United States on January 5, 2023
Professor Bylund provides a brief, yet thorough, explanation of how the economy actually works. It is a little weighty at some points, but no more so than necessary in order to challenge many of the commonly-held errors regarding the market. He concisely shows how the market operates according to immutable laws, how a the consumer is sovereign in the market, and how regulations disrupt the normal flow of the economy - typically with consequences that can be foreseen with those who understand those economic laws.

This is definitely a useful book to introduce any thoughtful individual to the "Austrian School" of economics.
6 people found this helpful
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Reviewed in the United States on November 24, 2023
I have taught economics for 37 years and Dr. Bylund does a great job of explaining the basic principles of the subject. Highly recommended!
2 people found this helpful
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Reviewed in the United States on October 12, 2024
Great book if you don't really know anything going in. If you are even mildly informed on real world economics you can probably skip to something more advanced.
Reviewed in the United States on November 25, 2023
Great starting place for thinking about the nature of economics, with an excellent further reading list at the end of the book.
2 people found this helpful
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Reviewed in the United States on October 5, 2022
This is something that we all need to know about life. It is economics and this book lays out some wonderful ideas and Concepts that work in the real world. This is critical understanding for any entrepreneur and an exceptionally good book to enjoy.
7 people found this helpful
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Reviewed in the United States on February 5, 2023
Like Henry Hazlitt’s “Economics in One Lesson”, this book is a great starting point for lay people interested in studying and understanding economics.
5 people found this helpful
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Reviewed in the United States on September 16, 2022
This book condenses a long heritage of economic thought, reasoning, and learning into a compact and streamlined format while still providing many substantial new and "a-ha" insights to even the most well-read layman.
9 people found this helpful
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Reviewed in the United States on May 21, 2023
This small volume provides clear explanations of the main concepts of Austrian economics.
5 people found this helpful
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Top reviews from other countries

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CompSciVictorius
5.0 out of 5 stars Lista de lectura de Riva Tez
Reviewed in Mexico on May 18, 2023
Te da un repaso abstracto desde una perspectiva más autosoberana de los conceptos básicos de economía. Bien escrito, bastanate entretenido. Lectrua ligera pero muy interesante. Leído desde Kindle paperwhite sin ningún problema. Fue un libro recomendado por el ig de Riva Tez junto con 'omnipotent government'- Ludwig von Mises, 'The Law'-Bastiat, 'The sovereign individual'-James Dale Davidson
NJ
5.0 out of 5 stars Great read!
Reviewed in Canada on January 9, 2023
What a great book! Quick and easy read! Thankful for the Mises Institute as their organization introduced me to the teachings of Per Bylund and so many brilliant minds past/present.

*Add "Anatomy of the State" by Rothard and "The Law" by Bastiat while you're shopping ;) among too many more to name.
mtp570
5.0 out of 5 stars Know more about Economics than 99% of the Population in less than 200 pages.
Reviewed in the United Kingdom on November 25, 2022
Interacting with people both online and offline it's clear that most people have a very poor grasp of even the most basic principles of economics. As a result people fall into the same traps when assessing policies and ideas put forward by political parties and movements.

This book is intended to provide a concise guide to the essential principles of economics. It would be easy to assume that this could have an ideological bias but the principles covered are the basic economic laws that are apply regardless of ideology. You don't need to be a capitalist to understand that supply and demand are a thing.

I think the intention of the author is to provide people with the information required to avoid falling for political statements and policy promises that sound appealing at face value but do not pass basic scrutiny and are damaging to the economy.

This book is recommended for anyone who wants to get a basic understanding of the fundamental principles of economics without the boring detail. The information in this book will provide the information to make you more informed than 99% of the population.
Amazon Customer
5.0 out of 5 stars Great insights, simply explained!
Reviewed in Sweden on November 13, 2022
Great introduction to sound economic principles!
Niklas Grube
5.0 out of 5 stars Gute Einführung
Reviewed in Germany on September 28, 2022
Ein guter und leicht verständlicher Überblick zum Thema Wirtschaftslehre.
Teil 1 und 2 zur Wirtschafts- und Markttheorie sind wirklich super und sehr leicht nachvollziehbar, auch für Einsteiger in das Thema.
Teil 3 zu Konjunkturzyklen und Regulierungen ist etwas schwieriger nachzuvollziehen. Bei unter 30 Seiten geraten die Teilaspekte etwas in den Hintergrund. Als Einführung aber trotzdem ganz gut.

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