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Author : Thomas Sowell Pages : 704 pages Publisher : Basic Books Language : eng ISBN-10 : 0465060730 ISBN-13 : 9780465060 733

Basic Economics: A Common Sense Guide to the Economy Bas ic Eco no mic sis a citiz en' s gui de to eco no mic s, writ


ten for tho se wh o wa nt to und erst and ho w the eco no my wor ks but hav e no inte rest in jarg on or equ atio ns. Bes tsel ling eco no mis t Tho ma


s So well exp lain s the gen eral prin cipl es und erly ing diff ere nt eco no mic sys tem s: cap itali st, soci alis t, feu dal, and so on. In rea dab le lan gua ge,


he sho ws ho w to criti que eco no mic poli cies in ter ms of the inc enti ves the y cre ate, rat her tha n the goa ls the y pro clai m. Wit h clea r exp


lan atio ns of the enti re fiel d, fro m ren t con trol and the rise and fall of bus ine sse s to the inte rna tion al bal anc e of pay me nts, this is the first boo k


for any one wh o wis hes to und erst and ho w the eco no my fun ctio ns. Thi s fift h edit ion incl ude sa ne w cha pte r exp lain ing the rea son s for


larg e diff ere nce s of we alth and inc om e bet we en nati ons .Dr awi ng on live ly exa mpl es fro m aro und the wor ld and fro m cen turi es of hist ory,


So well exp lain s bas ic eco no mic prin cipl es for the gen eral pub lic in plai n Eng lish . Basic Economics: A Common Sense Guide to the Economy

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Basic Economics: A Common Sense Guide to the Economy  

Basic Economics: A Common Sense Guide to the Economy  

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