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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. |
| More information: |
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<p> "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 also benefit lawyers, politicians, and yes, economists, as well."--"Washington"" Times" """"Basic Economics" is a healthy main course disguised as a rich dessert. The expanded Fourth Edition now weighs in at well over 600 pages. Readers will celebrate the girth. Tom Sowell's smooth writing, irresistible logic, deep knowledge and flawless economics make each page an explanatory treat to experts and novices alike." --Thomas Hazlett, Professor of Law & Economics and Director, Information Economy Project, George Mason University "Badly needed.... Anyone who has been subjected to biased and dreary economics textbooks should read "Basic Economics" as a bracing corrective."--"Claremont"" Review of Books" ""Basic Economics" demonstrates in every chapter why Thomas Sowell is one of America's greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives."--Arthur C. Brooks, President, American Enterprise Institute and author of "The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America's Future" "Alchian said the true test of whether one understands his subject is whether he can explain it to someone who doesn't know a darn thing about it. Mr. Sowell wasn't Alchian's student, but "Basic Economics" demonstrates his ability to make economics understandable to a person who hasn't set foot in an economics class. It's a book rich with explanations and examples of everyday economics issues."--Walter Williams, George Mason University "The unyielding truths of economics befuddle social engineers of all stripes. Sowell, in exemplary fashion, strips the mystery from those truths, making them intuitive--even obvious." --David Boaz, Executive Vice President, Cato Inst Read more...
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