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How to Think about the Economy: A Primer Paperback – August 15, 2022
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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.
- Print length142 pages
- LanguageEnglish
- Publication dateAugust 15, 2022
- Dimensions5 x 0.32 x 8 inches
- ISBN-101610167554
- ISBN-13978-1610167550
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Product details
- Publisher : Ludwig von Mises Institute (August 15, 2022)
- Language : English
- Paperback : 142 pages
- ISBN-10 : 1610167554
- ISBN-13 : 978-1610167550
- Item Weight : 5.9 ounces
- Dimensions : 5 x 0.32 x 8 inches
- Best Sellers Rank: #162,472 in Books (See Top 100 in Books)
- #150 in Theory of Economics
- Customer Reviews:
About the author

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
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Learn more how customers reviews work on AmazonReviewed in the United States on August 26, 2022
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This is definitely a useful book to introduce any thoughtful individual to the "Austrian School" of economics.
"How to Think About the Economy" distills the essential framework of how economies work into a short, super approachable and easy to digest booklet. If you know nothing about economics, this book is an important first step to understand:
- how markets work
- the function of monetary systems
- and the role of governments and regulating bodies on the economic landscape
You will walk away with a tangible understanding of how the real world operates without the vague hocus-pocus and technobabble that seems designed to keep people in the dark. You will see political agendas in a whole new light with even a basic understanding of economics.
Per Bylund delivers.
I still highly recommend Hazlitt, Reed, and Sowell, for starters. But "How to Think About the Economy" will wet anyone's appetite for the subject in short order without spoiling the meal.
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.
Reviewed in the United States 🇺🇸 on August 26, 2022
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.
Top reviews from other countries
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.
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.
*Add "Anatomy of the State" by Rothard and "The Law" by Bastiat while you're shopping ;) among too many more to name.












