Basic Economics is a citizen's guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-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.
- ISBN10 1458760510
- ISBN13 9781458760517
- Publish Date 21 May 2010
- Publish Status Inactive
- Out of Print 31 May 2012
- Publish Country CA
- Imprint ReadHowYouWant
- Edition Large Print 16 pt
- Format Paperback
- Pages 984
- Language English