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Basic Economics

A Citizen's Guide to the Economy: Revised and Expanded Edition

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Basic Economics

By: Thomas Sowell
Narrated by: Brian Emerson
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Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing - and even enjoyable.

Sowell reveals the general principles behind any kind of economy - capitalist, socialist, feudal, and so on. In understandable 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 audiobook for anyone who wishes to understand how the economy functions.

In this edition, Basic Economics has been revised and expanded to address the new concerns of the 21st century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world. Each chapter reflects the experiences of many different peoples and cultures. In his straightforward style, Sowell demonstrates that the basic principles of economics are not confined by national borders.

©2000 Thomas Sowell (P)2019 Blackstone Audio, Inc. Economics
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Educational Masterpiece • Clear Explanations • Good Narration • Thought-provoking Content • Practical Economic Concepts

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A solid book that everyone should have on their library, physical or digital. This book should be a requirement for anyone before they graduate from high school (preferably middle school). It's straight forward and easy to follow along with, but it's packed full of important information presented with easily understandable and relatable comparisons to help clarify.

Honestly i can't recommend it enough.

Get this book.

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My only criticism is that Thomas Sowell has an amazing voice, I wish he had read it.

Incredible

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Get a logical and fact based understanding of basic economics. You won’t get this in school or in most media.

Must read or listen

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interesting ,inciteful, and easily digestible. This book revieled to me, that I actually do enjoy leaning about economics. This book doesn't just drone on about costs and expenditures, or stocks and bonds. He gives prime examples of how and why our economy works the way it does, while also dispelling some falsehoods that are shouted by anti-capital activists.

perfect book to start my research with.

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This book should be mandatory reading for every high school and college student Thomas Sowell has the unique ability to make dry and hard to understand subjects interesting and easy to understand and I. This is not only a lesson in economics it’s a book that teaches the reader how to think and evaluate actions and their results.

Complex topics made easy to understand

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