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Basic economics : a common sense guide to the economy

Sowell, Thomas, 1930-2015
Book
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. This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations.
Author:
Edition:
Fifth edition.
Imprint:
New York, NY : Basic Books, A Member of the Perseus Books Group, [2015]©2015
Collation:
ix, 689 pages ; 25 cm
Notes:
Includes index.
ISBN:
9780465060733 (hbk)9780465060733 (hardback)
Dewey class:
330
Language:
English
BRN:
826800
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