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Basic Economics

The bestselling citizen’s guide to economics

Basic Economics is a citizen’s guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: 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.

This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations.

Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.


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Explore the works of Thomas Sowell
In this instant New York Times bestseller, renowned economist Thomas Sowell demolishes the myths that underpin the social justice movement In The Vision of the Anointed, Thomas Sowell presents a devastating critique of the mind-set behind the failed social policies of the past thirty years. Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. A Conflict of Visions offers a convincing case that ethical and policy disputes circle around the disparity between both outlooks. Race and Culture shows that cultural capital has far more impact than politics, prejudice, or genetics on the social and economic fates of minorities, nations, and civilization.

ASIN ‏ : ‎ 0465060730
Publisher ‏ : ‎ Basic Books; 5th edition (December 2, 2014)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 704 pages
ISBN-10 ‏ : ‎ 9780465060733
ISBN-13 ‏ : ‎ 978-0465060733
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 6.5 x 2.13 x 9.5 inches

Original price was: $45.00.Current price is: $22.50.

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The bestselling citizen’s guide to economics

Basic Economics is a citizen’s guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: 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.

This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations.

Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.


From the Publisher

Add to Cart

Add to Cart

Add to Cart

Add to Cart

Add to Cart

Add to Cart

Customer Reviews

4.8 out of 5 stars

1,730

4.8 out of 5 stars

2,015

4.8 out of 5 stars

2,380

4.8 out of 5 stars

4,194

4.8 out of 5 stars

1,690

4.8 out of 5 stars

498

Price

$16.19$16.19 $11.49$11.49 $13.99$13.99 $30.00$30.00 $17.68$17.68 $16.51$16.51

Explore the works of Thomas Sowell
In this instant New York Times bestseller, renowned economist Thomas Sowell demolishes the myths that underpin the social justice movement In The Vision of the Anointed, Thomas Sowell presents a devastating critique of the mind-set behind the failed social policies of the past thirty years. Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. A Conflict of Visions offers a convincing case that ethical and policy disputes circle around the disparity between both outlooks. Race and Culture shows that cultural capital has far more impact than politics, prejudice, or genetics on the social and economic fates of minorities, nations, and civilization.

ASIN ‏ : ‎ 0465060730
Publisher ‏ : ‎ Basic Books; 5th edition (December 2, 2014)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 704 pages
ISBN-10 ‏ : ‎ 9780465060733
ISBN-13 ‏ : ‎ 978-0465060733
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 6.5 x 2.13 x 9.5 inches

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Basic Economics
Basic Economics

Original price was: $45.00.Current price is: $22.50.

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