My biggest complaint is that my commute is not long enough.
I love this book. As such To be fair, the only part of this book I find truly disagreeable is the title.
An invaluable book for understanding an important topic.
He is currently a senior fellow of the Hoover Institution at Stanford University. While economics as a subject attempts to use an empirical approach to study human interactions regarding available resources in varying levels of scarcity, at it's heart it is social science. It apparently does not attempt to explain the U.S. economic meltdown of 2008 as that topic is explained elsewhere by others. I'm a big fan of his writing style because it's clear and concise. Basic Economics is highly informative and easily accessible. Nor was Adam Smith before him. Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics
But for my purposes, the book is perfect and I am enjoying reading it.
To get the free app, enter your mobile phone number. Economic Facts and Fallacies, 2nd edition
This book scrutinizes policies that are meant to help people, but actually do more damage than good such as rent control, education subsidies, minimum wages, social security, "frThis is one the the most important books I have ever read. This is an amazing book and absolutely a must-read if you want to understand the basic causes and effects of a free market economy.
In Basic Economics, he reminds you that economics is the study of the use of scarce resources which have alternative uses. They were philosophers. It doesn't use technical jargon, but outlines basic principles clearly and in plain language, without graphs or equations, using real life examples. It was a relief to hear clarification of many thoughts that I have had in the past. The basics of economics for the general audience. Starting out with the observation that we may think we don't own beachfront property because of its price. Also, it is a text book or can be used as such. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science.“Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Unlike many economics professors, Sowell does not favor leftist policies. I'm a big fan of his writing style because it's clear and concise. I discovered that an ancestor, many generations back, had probably influenced the writings of Scottish economist, Adam Smith.
Goodreads helps you keep track of books you want to read. He shows how politicians may pursue economically counterproductive policies to gain the votes of two separate groups of people, and he shows how government economic policy can breed shortages, increase the cost of oil and food, and cause the quality of products to decline. Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics He often writes from an economically laissez-faire perspective.
Basic Economics is highly informative and easily accessible. Please try your request again later. Please try again. What I got instead was an ideologically charged diatribe of the government and a love-fest of the free market.I picked up this book hoping to extend the economics education i got in college.
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