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. Among other additions throughout the book, a new section on the special role of corporations in the economy has been added to the chapter on government and big business.
Basic Economics, which has now been translated into six foreign languages, has grown so much that a large amount of material previously found in the back of the book has now been put online instead so that neither the book itself nor its price will have to expand. The central idea of Basic Economics, however, remains the same: 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.
Customer ReviewsSee All
Very informative audiobook. Concepts can sometimes be hard to follow so you might have to press the rewind button at times. Despite that, it is a very good book.
A must read!
If I had the ability to have every American voter read just one book, this one would be a strong contender for the book I would choose. It's written in a straightforward, non-biased fashion, and is accessible to even the most casual reader/listener. The content is superb, and I'm especially pleased to hear Thomas Sowell do the reading himself.
Outstanding book covering the basics of economics