List Based On Books Basic Economics: A Citizen's Guide to the Economy
| Title | : | Basic Economics: A Citizen's Guide to the Economy |
| Author | : | Thomas Sowell |
| Book Format | : | Hardcover |
| Book Edition | : | Revised and Expanded Edition |
| Pages | : | Pages: 448 pages |
| Published | : | December 24th 2003 by Basic Books (first published 2000) |
| Categories | : | Economics. Nonfiction. Business. Politics. Finance |
Thomas Sowell
Hardcover | Pages: 448 pages Rating: 4.32 | 7679 Users | 683 Reviews
Representaion In Pursuance Of Books Basic Economics: A Citizen's Guide to the Economy
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.Point Books During Basic Economics: A Citizen's Guide to the Economy
| Original Title: | Basic Economics: A Citizen's Guide to the Economy |
| ISBN: | 0465081452 (ISBN13: 9780465081455) |
| Edition Language: | English |
Rating Based On Books Basic Economics: A Citizen's Guide to the Economy
Ratings: 4.32 From 7679 Users | 683 ReviewsAssessment Based On Books Basic Economics: A Citizen's Guide to the Economy
I picked up this book hoping to extend the economics education i got in college. What I got instead was an ideologically charged diatribe of the government and a love-fest of the free market.Everything is backed up with anecdotal evidence and sweeping statements made with much hand waving. It sells itself on the fact that it has no "equations, graphs [or] jargon," but I find that to be a weakness. While it doesn't need be filled with graphs and such, some proofs would be nice. Instead he simply4.5 stars. Karl Marx was not a scientist. Nor was Adam Smith before him. They were philosophers. Theorists. Idea men. Thats what all economists in those days were. They had little tested knowledge, and so which economic system was best was all a matter of opinion.But things are now much different. Nations and local governments tried the various theories. And weve seen the results. We now have a whole century of data. Furthermore, economists now are scientists. They use scientific methods and
Fascinating, edifying, accessible, and insightful. An invaluable book for understanding an important topic. Everyone who intends voting ought to read this book so that they understand economic issues.
Thomas Sowell exposes the fallacies and outright lies the American people have been subjected to in the advancement of progressive entitlement centric economic programs by the modern crop of corrupt politicians. If you take anything from this book, it should be this: The intended goals of any type of economic aid can never be considered separately from the actual economic incentives the policies implemented to ostensibly reach that goal will create, without causing more destruction and more harm
Everyone who can read should read this book - otherwise, get the audiobook.
Exactly what the title describes. The basics of economics for the general audience. Starting out with the observation that we may think we don't own beachfront property because of its price. The reality is -- we don't own beachfront property because there's a lot more people who'd like to own it than there is property to be owned. Price is just the way to sort things out.Full of concepts and concrete examples. For instance, in the Soviet Union, they usually used about two and a half more metal
0 Comments