Sowell, Thomas
Basic Economics
- ISBN 13:
- 9780465060733
- author:
- Sowell, Thomas
- format:
- HardBack
- publisher:
- Basic Civitas Books
- language:
- English
- Publication Year:
- 2014
- Pages:
- 704
- Dimensions:
- 6.4 x 17.1 x 24.8 cm
- Genre:
- Business, Finance & Law,Economics, Theory & Philosophy,
- Condition:
- New
- Availability:
- Item usually sent within 2 working days
Description
Understanding the Economy: A Clear Guide Thomas Sowell's Basic Economics is a straightforward introduction to the principles of economics, written in accessible language for anyone looking to grasp the basics. The book explains the underlying principles of different economic systems, including capitalism, socialism, and feudalism, and shows how to critically evaluate economic policies based on their incentives. Sowell's approach is to break down complex economic concepts into clear, easy-to-understand explanations, covering topics such as rent control, business cycles, and international trade. With a focus on plain English, the book provides a comprehensive overview of the field, making it an ideal choice for those seeking to understand how the economy functions. This fifth edition includes a new chapter on the reasons behind large differences in wealth and income between nations, drawing on historical examples and global perspectives to illustrate basic economic principles.