Basic Economics

Basic Economics

A Citizen's Guide to the Economy

Downloadable Audiobook - 2006
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Basic Economics has been written with the thought that learning economics should be not only a relaxed experience but also an enjoyable one. This is the revised and expanded edition of a new kind of introduction to economics for the general public, without graphs, statistics, or jargon. However, the enlargement of this edition is not just more of the same. In addition to being updated, Basic Economics has also become more international, with the inclusion of economic problems from more countries around the world because the basic principles of economics are not confined by national borders. Each chapter reflects the experiences of many different peoples and cultures.
Publisher: [Ashland, Or.] : Blackstone Audio, 2006.
ISBN: 9780786154302
Additional Contributors: Emerson, Brian


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Oct 17, 2012

This straightforward and entertaining book makes a convincing case for traditional laissez-faire economics. Sowell's arguments against rent controls and minimum wage laws are particularly powerful.

While I enjoyed this book, some readers might find the title somewhat misleading. The author does discuss basic economics (which he defines as "the allocation of scarce resources with alternative uses"), but he has a clear conservative viewpoint and does not pretend to seriously entertain any alternative views. That being said, his arguments are quite convincing, and I definitely enjoyed the book (I listened to the downloadable audiobook version, and I have to add that the reader did a great job - a pleasant voice and very engaging).


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