Basic Economics

Basic Economics

A Citizen's Guide to the Economy

Downloadable Audiobook - 2012
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Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing, and even enjoyable. In this new edition, Basic Economics has been revised and expanded to address the new concerns of the twenty-first century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world. Each chapter reflects the experiences of many different peoples and cultures. In his straightforward style, Sowell demonstrates that the basic principles of economics are not confined by national borders.
Publisher: [Ashland, Or.] : Blackstone Audio, Inc., 2012
Edition: Rev. and expanded ed
ISBN: 9781441733153
Characteristics: 1 online resource (1 sound file) : digital
Additional Contributors: Emerson, Brian

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Oct 17, 2012

This straightforward and entertaining book makes a convincing case for traditional laissez-faire economics. Sowell's arguments against rent controls and minimum wage laws are particularly powerful.

While I enjoyed this book, some readers might find the title somewhat misleading. The author does discuss basic economics (which he defines as "the allocation of scarce resources with alternative uses"), but he has a clear conservative viewpoint and does not pretend to seriously entertain any alternative views. That being said, his arguments are quite convincing, and I definitely enjoyed the book (I listened to the downloadable audiobook version, and I have to add that the reader did a great job - a pleasant voice and very engaging).


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