Basic Economics : a common sense guide to the economy /
In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around th...
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Main Author: | |
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Format: | Electronic eBook |
Language: | English |
Published: |
New York :
Basic Books,
©2015.
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Edition: | 5th ed. |
Subjects: | |
Online Access: |
Full text (Emmanuel users only) |
Table of Contents:
- Part 1: Prices and markets. The role of prices ; Price controls ; An overview of prices
- Part 2: Industry and commerce. The rise and fall of businesses ; The role of profits
- and losses ; The economics of big business ; Regulation and anti-trust laws ; Market and non-market economies
- Part 3: Work and pay. Productivity and pay ; Minimum wage laws ; Special problems in labor markets
- Part 4: Time and risk. Investment. ; Stocks, bonds and insurance ; Special problems of time and risk
- Part 5: The national economy. National output ; Money and the banking system ; Government functions ; Government finance ; Special problems in the national economy
- Part 6: The international economy. International trade ; International transfers of wealth ; International disparities in wealth
- Part 7: Special economic issues. Myths about markets ; "Non-economic" values ; The history of economics ; Parting thoughts.