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Basic Economics – Thomas Sowell Audible Audio Edition

Basic Economics is a citizen’s guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable 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 book for anyone who wishes to understand how the economy functions.

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Written by Lonki Hinsa

Comments

  1. “Knowledge is one of the most scarce all of all resources…” -Thomas Sowell

    I knew zip about economics before stumbling upon Sowell. Simply priceless ??

  2. Whole western "economics" is an attempt to hide Marxs economic theory.
    It hides capitalists need for constant market expansion and the crushing demand drop.
    I m not saying you should ignore any, I m saying after you ve done this one go read Marx and you will see the difference.

  3. What you talking about photographs , who cares abut thst. Talk about thst in this country People have absolutely no rights. Are you serious ?

  4. The only thing that would’ve made this amazing video slightly better:
    Thomas Sowell’s actual voice reading his words.

    (Lol no disrespect to the gentleman reading it, he’s done a fine job).

  5. India and China were NOT historically two of the poorest nations on Earth. In fact, they were the economic center for decades! China invented paper…. And paper money along with it, they Invented gunpowder, the compass….

  6. bullsmoke
    the economy is controlled by the CBD.. central bank dynasty..
    emperor jack runs the CBD..
    CBD own all central banks.. issue all currencies… on track to rule the world…

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