Basic Economics: A Citizen's Guide to the Economy (Unabridged)
by Thomas Sowell
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Basic Economics has been written with the thought that learning economics should be not only a relaxed experience but also an enjoyable one. This is the revised and expanded edition of a new kind of introduction to economics for the general public, without graphs, statistics, or jargon. However, the enlargement of this edition is not just more of the same. In addition to being updated, Basic Economics has also become more international, with the inclusion of economic problems from more countries around the world, because the basic principles of economics are not confined by national borders. Each chapter reflects the experiences of many different peoples and cultures.
Everyone Should Read This
This should be required reading in every high school in the world. A fantastic explanation of Basic Economics and why things work the way they do.
The world is not what I thought
This is a somewhat startling look at the world from a perspective I've never used. And it was very interesting. I did not understand economics before reading this book, which I guess qualifies me for national politics. I don't claim to be an expert now, but I know enough not to overreact to the next sound bite on CNN. The key point was in the first few minutes: economics is the study of scarce resources with other uses. If you can just understand point, you will be miles ahead. Let me also say, it is time to end monopoly laws and prosecutions. If you don't know why, get this book.
Great book thank you