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Basic Economics
Basic Economics

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Manufacturer: Basic Books
Publisher: Basic Books
Author(s): Thomas Sowell

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Product Description:
Binding: Hardcover
Brand: Basic Books
EAN: 9780465060733
Edition: 5
Feature: Basic Books
ISBN: 9780465060733
Item Dimensions: Array
Label: Basic Books
Languages: Array
Manufacturer: Basic Books
MPN: 40582209
Number Of Items: 1
Number Of Pages: 704
Publication Date: 2014-12-02
Publisher: Basic Books
Release Date: 2014-12-02
Studio: Basic Books
Product Features:
Basic Books
Editorial Review:
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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