Basic Economics: A Citizen's Guide to the Economy
Basic Economics: A Citizen's Guide to the Economy

Basic Economics: A Citizen's Guide to the Economy

Basic Economics: A Citizen's Guide to the Economy

Author: Thomas Sowell
Desc: Basic Economics is a citizen's guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-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.

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