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Basic Economics : A Common Sense Guide to the Economy by Thomas Sowell (2010, Hardcover)
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The fourth edition of Basic Economics is both expanded and updated. A new chapter on the history of economics itself has been added, and the implications of that history examined.
- Buy It NowBasic Economics: A Common Sense Guide to the Economy
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About this product
Product Identifiers
PublisherBasic Books
ISBN-100465022529
ISBN-139780465022526
eBay Product ID (ePID)92497031
Product Key Features
Edition4
Book TitleBasic Economics : a Common Sense Guide to the Economy
Number of Pages786 Pages
LanguageEnglish
TopicEconomics / General
Publication Year2010
GenreBusiness & Economics
AuthorThomas Sowell
FormatHardcover
Dimensions
Item Height2.1 in
Item Weight34.6 Oz
Item Length9.2 in
Item Width6.1 in
Additional Product Features
Intended AudienceTrade
LCCN2010-914388
Dewey Edition22
Reviews "Clear and concise&among economists of the past thirty years, Sowell stands very proud indeed."- Wall Street Journal " Basic Economics is not only valuable for a general lay-person audience; it would also benefit lawyers, politicians, and yes, economists, as well."- Washington Times " Basic Economics is a healthy main course disguised as a rich dessert. The expanded Fourth Edition now weighs in at well over 600 pages. Readers will celebrate the girth. Tom Sowell's smooth writing, irresistible logic, deep knowledge and flawless economics make each page an explanatory treat to experts and novices alike." - Thomas Hazlett, Professor of Law & Economics and Director, Information Economy Project, George Mason University "Badly needed&. Anyone who has been subjected to biased and dreary economics textbooks should read Basic Economics as a bracing corrective."- Claremont Review of Books " Basic Economics demonstrates in every chapter why Thomas Sowell is one of America's greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives."- Arthur C. Brooks, President, American Enterprise Institute and author of The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America's Future "Alchian said the true test of whether one understands his subject is whether he can explain it to someone who doesn't know a darn thing about it. Mr. Sowell wasn't Alchian's student, but Basic Economics demonstrates his ability to make economics understandable to a person who hasn't set foot in an economics class. It's a book rich with explanations and examples of everyday economics issues."- Walter Williams, George Mason University "The unyielding truths of economics befuddle social engineers of all stripes. Sowell, in exemplary fashion, strips the mystery from those truths, making them intuitive-even obvious." - David Boaz, Executive Vice President, Cato Institute and author of Libertarianism: A Primer, "Clear and concise...among economists of the past thirty years, Sowell stands very proud indeed."-- Wall Street Journal " Basic Economics is not only valuable for a general lay-person audience; it would also benefit lawyers, politicians, and yes, economists, as well."-- Washington Times " Basic Economics is a healthy main course disguised as a rich dessert. The expanded Fourth Edition now weighs in at well over 600 pages. Readers will celebrate the girth. Tom Sowell's smooth writing, irresistible logic, deep knowledge and flawless economics make each page an explanatory treat to experts and novices alike." -- Thomas Hazlett, Professor of Law & Economics and Director, Information Economy Project, George Mason University "Badly needed.... Anyone who has been subjected to biased and dreary economics textbooks should read Basic Economics as a bracing corrective."-- Claremont Review of Books " Basic Economics demonstrates in every chapter why Thomas Sowell is one of America's greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives."-- Arthur C. Brooks, President, American Enterprise Institute and author of The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America's Future "Alchian said the true test of whether one understands his subject is whether he can explain it to someone who doesn't know a darn thing about it. Mr. Sowell wasn't Alchian's student, but Basic Economics demonstrates his ability to make economics understandable to a person who hasn't set foot in an economics class. It's a book rich with explanations and examples of everyday economics issues."-- Walter Williams, George Mason University "The unyielding truths of economics befuddle social engineers of all stripes. Sowell, in exemplary fashion, strips the mystery from those truths, making them intuitive--even obvious." -- David Boaz, Executive Vice President, Cato Institute and author of Libertarianism: A Primer, "Clear and concise…among economists of the past thirty years, Sowell stands very proud indeed."- Wall Street Journal " Basic Economics is not only valuable for a general lay-person audience; it would also benefit lawyers, politicians, and yes, economists, as well."- Washington Times " Basic Economics is a healthy main course disguised as a rich dessert. The expanded Fourth Edition now weighs in at well over 600 pages. Readers will celebrate the girth. Tom Sowell's smooth writing, irresistible logic, deep knowledge and flawless economics make each page an explanatory treat to experts and novices alike." - Thomas Hazlett, Professor of Law & Economics and Director, Information Economy Project, George Mason University "Badly needed…. Anyone who has been subjected to biased and dreary economics textbooks should read Basic Economics as a bracing corrective."- Claremont Review of Books " Basic Economics demonstrates in every chapter why Thomas Sowell is one of America's greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives."- Arthur C. Brooks, President, American Enterprise Institute and author of The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America's Future "Alchian said the true test of whether one understands his subject is whether he can explain it to someone who doesn't know a darn thing about it. Mr. Sowell wasn't Alchian's student, but Basic Economics demonstrates his ability to make economics understandable to a person who hasn't set foot in an economics class. It's a book rich with explanations and examples of everyday economics issues."- Walter Williams, George Mason University "The unyielding truths of economics befuddle social engineers of all stripes. Sowell, in exemplary fashion, strips the mystery from those truths, making them intuitive-even obvious." - David Boaz, Executive Vice President, Cato Institute and author of Libertarianism: A Primer
Grade FromCollege Freshman
Dewey Decimal330
SynopsisThe fourth edition of Basic Economics is both expanded and updated. A new chapter on the history of economics itself has been added, and the implications of that history examined. A new section on the special role of corporations in the economy has been added to the chapter on government and big business, among other additions throughout the book. Basic Economics , which has now been translated into six languages, has grown so much that a large amount of material in the back of the book in previous editions has now been put online instead, so the book itself and its price will not have to expand. The central idea of Basic Economics , however, remains the same: that the fundamental facts and principles of economics do not require jargon, graphs, or equations, and can be learned in a relaxed and even enjoyable way., A fully revised edition of the classic introduction to the subject, from one of America's leading economists
LC Classification NumberHB171
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Ratings and Reviews
Most relevant reviews
- Jan 29, 2020
Economics made easy
I'm reading this in Thomas Sowell's voice LOL! This is a great book and it makes understanding economics easyVerified purchase: YesCondition: Pre-owned
- Mar 10, 2025
simple and direct
I honestly have not started the book but what I have come to understand about the brilliance of Thomas Sowell, I have no doubts about the book . It covers economic systems of all kinds besides only capitalism.Verified purchase: YesCondition: Pre-owned
- Sep 14, 2021
Top notch book on Economics
AWESOME book by a brilliant man. Perhaps we should by a copy of this book for AOL and the rest of the :progressive" left.Verified purchase: YesCondition: Pre-owned
- Feb 05, 2020
Easy Economics
Dr. Sowell makes the information understandable and easy to read.Verified purchase: YesCondition: Pre-owned
- Jul 23, 2021
Must have in collection
Great foundational book of realistic economics.Verified purchase: YesCondition: Pre-owned
- Aug 21, 2016
Have deepest respect and regard. Well written , was delighted at having it in my collection.
Verified purchase: YesCondition: Pre-owned
