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More copies of this ISBN:This title in other formats:Basic Economics Revised Expanded Editionby Thomas Sowell
Synopses & ReviewsPublisher Comments:This is the revised and enlarged edition of a new kind of introduction to economics for the general public-without graphs, statistics, or jargon. In addition to being updated, Basic Economics has also become more internationalized by including economic problems from more countries around the world, because the basic principles of economics are not confined by national borders. While most chapter titles remain the same, their contents have changed considerably, reflecting the experiences of many different peoples and cultures. Book News Annotation:"Most of us are necessarily ignorant of many complex fields," writes
Sowell, a Hoover Institution senior fellow who has written for
mainstream publications including Forbes, Time, and The New
York Times. "As a result, we simply do not attempt to operate in,
or comment on, those fields. However, every voter and every
politician that they vote for affects economic policies. They cannot
opt out of economic issues." His guide aims to make it relatively
painless for voters to be informed on the economy. The revised
edition reflects the trend toward globalization by adding
international information.
Annotation ©2004 Book News, Inc., Portland, OR (booknews.com) Synopsis:An accessible, jargon-free resource outlines the principles behind each major type of economy including capitalist, socialist, and feudal, in terms of the incentives each creates. Synopsis:Includes bibliographical references (p. 407-432) and index.
About the Author Thomas Sowell has taught economics at a number of colleges and universities, including Cornell, University of California Los Angeles, and Amherst. He has published both scholarly and popular articles and books on economics, and is currently a scholar in residence at the Hoover Institution, Stanford University. Table of ContentsWhat is economics? — Prices and markets — Industry and commerce — Work and pay — Time and risk — The national economy — The international economy — Special economic issues.
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