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.
He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946.
From one of America's best-known economists, the one book anyone who wants to understand the economy needs to read.
This is the revised and enlarged edition of a new kind of introduction to economics for the general public-without graphs, statistics, or jargon. In addition to being updated, Basic Economics...
Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.
A work in the Anglo-American and natural law tradition in the tradition which provided the foundations for the U. S. Constitution, which provide the premises for full fledged private property, free enterprise, free trade and individual ...
Basic Economics: Theory and Cases
Updated throughout, the second edition includes new discussions of social security, tax reform, surging petroleum prices, and the economic effects of the Iraq war and other international issues.
Using this approach, readers will be enabled to understand both current affairs and professional economics literature, making this book uniquely beneficial for students both practically and theoretically.
Basic Economics 3rd Ed (Volume 2 of 2) (Large Print 16pt)
A user-friendly guide to understanding basic economic concepts and principles, designed and written especially for students.