Cover of Basic Economics by Sowell, Thomas, ISBN 9780465060733
Economics

Basic Economics

Contributor(s): Author Format: Hardback

Hardback · ISBN 9780465060733

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Key Specifications

ISBN 9780465060733
Publisher Basic Books
Publication date December 2014
Language English
MRP £38.00 GBP
Page count 704
Item weight 216 g
The bestselling citizen's guide to economics

"Thomas Sowell is the nation's greatest living economist." --American Spectator   

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.

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.