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Basic Economics: A Common Sense Guide to the Economy [Audiobook] [Audio CD]

Thomas Sowell , Tom Weiner
3.8 out of 5 stars  See all reviews (11 customer reviews)
RRP: 89.15
Price: 72.93 & FREE Delivery in the UK. Details
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Kindle Edition 16.19  
Hardcover 25.00  
Paperback, Large Print 24.99  
Audio, CD, Audiobook 28.55  
Audio, CD, Audiobook, 28 Dec 2010 72.93  
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Book Description

28 Dec 2010
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. 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. This edition is in two volumes. The second volume ISBN is 9781459610552.
--This text refers to the Paperback edition.

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Product details

  • Audio CD: 17 pages
  • Publisher: Blackstone Audiobooks; 4 Una edition (28 Dec 2010)
  • Language: English
  • ISBN-10: 1441778632
  • ISBN-13: 978-1441778635
  • Product Dimensions: 15.7 x 17.3 x 5.1 cm
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (11 customer reviews)

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Product Description


"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 --This text refers to the Hardcover edition.

About the Author

Thomas Sowell l has taught economics at Cornell, UCLA, Amherst, and other academic institutions. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in academic journals and in such popular media as the Wall Street Journal, Forbes, and Fortune, and he writes a syndicated column that appears in newspapers across the country. --This text refers to the Hardcover edition.

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Customer Reviews

Most Helpful Customer Reviews
5 of 5 people found the following review helpful
4.0 out of 5 stars Excellent 12 April 2011
Thomas Sowell is a clear-sighted economist and writer, who has produced here a highly readable and very informative insight into free market economics.
He invites the reader to look to the results of policy, rather than the intentions of politicians (good as they may seem) - for instance, he shows how minimum wages increase youth unemployment and rent controls reduce the availability of cheap housing, when both are ostensibly aimed at achieving entirely different aims.
I give this four stars, rather than five, only because I feel that it is slightly over-written; he makes the same points more than once. I'm sure that this is because he is trying to hammer home a message to non-economists, but it occasionally drags.
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3 of 3 people found the following review helpful
5.0 out of 5 stars Amazon emailed me about trading my copy in... 31 May 2013
Format:Hardcover|Verified Purchase
Trade this book in?

No chance - its brilliant, and I want to read it again, probably more than once.

Thomas Sowell is not just insightful, wise and clever, he has a gift for putting forward complex ideas in the most concise and accurate terms, and makes a dry subject fascinating and even at times funny.
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2 of 2 people found the following review helpful
5.0 out of 5 stars Simply Excellent. 21 April 2013
Format:Hardcover|Verified Purchase
AN excellent book from Mr Thomas Sowell.

Excellent writer, very prolific, well documented and with an excellent sense of pointing out the truth.
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2 of 2 people found the following review helpful
5.0 out of 5 stars Basic Economics 18 April 2011
Format:Hardcover|Verified Purchase
A very easy to read book for anyone who wants to give themselves a basic understanding of economics. It is very lengthy but very informative. For people like myself who have little or no understanding of economics I found this to be a very good & indepth primer.Do not be put off by its length.
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3 of 4 people found the following review helpful
5.0 out of 5 stars Awesome! 9 Feb 2011
Format:Hardcover|Verified Purchase
Brilliant. Clearly stating how economics actually works rather than how many people wished it worked. Thomas Sowell is a great popular writer.
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1.0 out of 5 stars Infuriating in the extreme 17 Mar 2014
By paulkuk
this is an unbelievably biased and simplistic right wing version of economics with very selective use of information and statistics. It was like watching a traffic accident and I had to get to the end though I was annoyed the whole time and i consider my political views to be right wing. Not only was it biased it was overly long and slow and I never want to hear the word "moreover" again for a long time!
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