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Basic Economics

A Citizen's Guide to the Economy: Revised and Expanded Edition

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Basic Economics

Written by: Thomas Sowell
Narrated by: Brian Emerson
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Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing - and even enjoyable.

Sowell reveals the general principles behind any kind of economy - capitalist, socialist, feudal, and so on. In understandable 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 audiobook for anyone who wishes to understand how the economy functions.

In this edition, Basic Economics has been revised and expanded to address the new concerns of the 21st century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world. Each chapter reflects the experiences of many different peoples and cultures. In his straightforward style, Sowell demonstrates that the basic principles of economics are not confined by national borders.

©2000 Thomas Sowell (P)2019 Blackstone Audio, Inc. Economics
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We would all be better off if every voter understood the basics of economics.

This book should be mandatory reading in school.

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Like most remakes about economic theory it's a theory. Easie listening than expected but mostly describing historical trends and events
Rather
Than solutions. The constant background
Chatter from
Some
Other
Source is unusual here and very distracting at times.

BackgroundNoise

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This is a very interesting audio book, and i very much enjoyed listening to it. But it is so annoying that the chapter headings are not contained in the app, making it impossible to search for specific topic areas.

Great book, but no chapter descriptions in app

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Before the book explains what certain economic concepts are not, I would like it to explain what they actually are. As a beginner in economics, I want to understand the core concepts first rather than reading about practices or theories that don’t work. Establishing that foundation would make it much easier to understand and evaluate those criticisms later.

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