Basic economics : a common sense guide to the economy / Thomas Sowell.
Material type:
TextPublication details: New York : Basic Books, c2007.Edition: 3rd edDescription: viii, 627 p. ; 25 cmISBN: - 9780465002603 (hardcover : alk paper)
- 0465002609 (hardcover : alk paper)
- 9780465022526
- 0465022529
- Economics
- Common sense guide to the economy
- HB 171 .S713 2007
| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
Book
|
Storms Research Center Main Collection | HB 171 .S713 2007 (Browse shelf(Opens below)) | Available | 98644711 |
Includes bibliographical references (p. 569-613) and index.
What is economics? -- pt. I. Prices and markets. The role of prices ; Price controls ; An overview -- pt. II. Industry and commerce. The rise and fall of businesses ; The role of profits -- and losses ; Big business and government ; An overview -- pt. III. Work and pay. Productivity and pay ; Controlled labor markets ; An overview -- pt. IV. Time and risk. Investment and speculation ; Risks and insurance ; An overview -- pt. V. The national economy. National output ; Money and the banking system ; Government functions ; Government finance ; An overview -- pt. VI. The international economy. International trade ; International transfers of wealth ; An overview -- pt. VII. Special economic issues. Myths about markets ; "Non-economic" values ; Parting thoughts.
An accessible, jargon-free resource outlines the principles behind each major type of economy including capitalist, socialist, and feudal, in terms of the incentives each creates.
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