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Basic economics : a common sense guide to the economy

Author: Thomas Sowell
Publisher: New York : Basic Books, ©2007.
Edition/Format:   Book : English : 3rd edView all editions and formats
Database:WorldCat
Summary:
An accessible, jargon-free resource outlines the principles behind each major type of economy including capitalist, socialist, and feudal, in terms of the incentives each creates.
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Thomas Sowell
ISBN: 9780465002603 0465002609 9780465022526 0465022529
OCLC Number: 76897806
Description: viii, 627 p. ; 25 cm.
Contents: What is economics? --
pt. I. Prices and markets. The role of prices ; Price controls ; An overview --
pt. II. Industry and commerce. The rise and fall of businesses ; The role of profits --
and losses ; Big business and government ; An overview --
pt. III. Work and pay. Productivity and pay ; Controlled labor markets ; An overview --
pt. IV. Time and risk. Investment and speculation ; Risks and insurance ; An overview --
pt. V. The national economy. National output ; Money and the banking system ; Government functions ; Government finance ; An overview --
pt. VI. The international economy. International trade ; International transfers of wealth ; An overview --
pt. VII. Special economic issues. Myths about markets ; "Non-economic" values ; Parting thoughts.
Other Titles: Economics
Common sense guide to the economy
Responsibility: Thomas Sowell.
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A fully revised edition of the classic introduction to the subject, from one of America's leading economists  Read more...

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"Clear and concise...among economists of the past thirty years, Sowell stands very proud indeed."-Wall Street Journal "Basic Economics is not only valuable for a general lay-person audience; it would Read more...

 
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