Basic Economics

Basic Economics

A Common Sense Guide to the Economy

Book - 2011
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Thomas Sowell explains the principles of economics in plain jargon for the general public, answering questions like: Why are homeless people sleeping on the sidewalks of New York in the winter, when the abandoned apartment buildings have four times as many dwelling units as there are homeless people in the city? Why did Russians have to import food to feed people in Moscow, when Russia itself had vast amounts of some of the richest farmland in Europe?
Edition: Fourth edition.
ISBN: 9780465022526
Characteristics: ix, 689 pages ;,25 cm.


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Aug 13, 2018

The only book you will need to understand basic economics, its theory, implications and evolution. With plenty of examples (both, classical and modern), Sowell delivered here an extensive book that covers all the fundamentals, from supply and demand to economic theories.

Sometimes the book is so dense in examples that it makes it tedious, however is in this number of -carefully selected- examples where the edition shines from other publications on the subject.

Although this is a book of more than 700 pages, I'd recommend this as the entry text to comprehend this social science instead of any other "quick guide" available in the market.

Sep 22, 2016

Highly recommend--I found this book very informative and thought provoking. I only rated it 4 stars because I think the title is misleading. This is a book about a pro-capitalist, pro-business, anti-government, and anti-media world view that uses economics to further its points. The view of economics painted by the author is extremely biased.

Aug 04, 2015

This is a very nice book to get your feet wet for Economics. Examples are explained in details in common language that anyone can understand.

Nov 21, 2012

Excellent book

Nov 08, 2012

After reading this book, I undoubtedly think this will be one of the most important books I read in my lifetime. I now know as much about economics as I can reasonably expect to know without taking a course on economics.

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