Basic Economics
A Citizen's Guide to the Economy: Revised and Expanded Edition
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Narrated by:
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Brian Emerson
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By:
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Thomas Sowell
About this listen
Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing - and even enjoyable.
Sowell reveals the general principles behind any kind of economy - capitalist, socialist, feudal, and so on. In understandable 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 audiobook for anyone who wishes to understand how the economy functions.
In this edition, Basic Economics has been revised and expanded to address the new concerns of the 21st century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world. Each chapter reflects the experiences of many different peoples and cultures. In his straightforward style, Sowell demonstrates that the basic principles of economics are not confined by national borders.
©2000 Thomas Sowell (P)2019 Blackstone Audio, Inc.Listeners also enjoyed...
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One Million Followers, Updated Edition
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- By: Brendan Kane
- Narrated by: Brendan Kane
- Length: 7 hrs and 50 mins
- Unabridged
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In One Million Followers, Kane will teach you how to gain an authentic, dedicated, and diverse online following from scratch; create personal, unique, and valuable content that will engage your core audience; and build a multimedia brand through platforms like Facebook, Instagram, YouTube, Snapchat, and LinkedIn.
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A Very Poor Read
- By Anthony Butler on 04-14-21
By: Brendan Kane
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The Price We Pay
- What Broke American Health Care - and How to Fix It
- By: Marty Makary MD
- Narrated by: Marty Makary MD
- Length: 9 hrs and 29 mins
- Unabridged
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Performance
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One in five Americans now has medical debt in collections and rising health care costs today threaten every small business in America. Dr Makary, one of the nation's leading health care experts, travels across America and details why health care has become a bubble. Drawing from on-the-ground stories, his research and his own experience, The Price We Pay paints a vivid picture of price-gouging, middlemen and a series of elusive money games in need of a serious shake-up.
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Very important book!
- By Wayne on 05-17-21
By: Marty Makary MD
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The book is great the narrators voice is distracting
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He does it again.
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Look at the long term...it's important!
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Look at the long term...it's important!
- By Eunice on 07-20-09
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Barbarians Inside the Gates and Other Controversial Essays
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A collection of essays that discusses such issues as the media, immigration, the minimum wage, and multiculturalism.
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Mr. Sowell exposed the soul of America.
- By ruth S. on 11-24-23
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Economic Facts and Fallacies
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Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. Writing in a lively manner that does not require any prior knowledge of economics, Thomas Sowell exposes some of the most popular fallacies about economic issues, including many that are widely disseminated in the media and by politicians.
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Good with salt...
- By Michael on 05-08-08
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The Thomas Sowell Reader
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These selections from the many writings of Thomas Sowell over a period of half a century cover social, economic, cultural, legal, educational, and political issues. The sources range from Dr. Sowell’s letters, books, newspaper columns, and articles in both scholarly journals and popular magazines. The topics range from latetalking children to tax cuts for the rich, baseball, race, war, the role of judges, medical care, and the rhetoric of politicians.
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The Best Book By The Smartest Guy in the Room
- By Dave on 10-20-11
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Wealth, Poverty, and Politics
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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in the country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth.
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A paradigm shift on the subject of equality
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Discrimination and Disparities challenges believers in such one-factor explanations of economic outcome differences as discrimination, exploitation, or genetics. It is listenable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum.
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Hard Pill To Swallow - I’m better for it
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Is Reality Optional?
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Thomas Sowell challenges all the assumptions of contemporary liberalism on issues ranging from the economy to race to education in this collection of controversial essays, and captures his thoughts on politics, race, and common sense with a section at the end for thought-provoking quotes.
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Amazing!
- By Anonymous User on 09-28-22
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The Vision of the Anointed
- Self-Congratulation as a Basis for Social Policy
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The Vision of the Anointed is a devastating critique of the mindset behind the failed social policies of the past thirty years. Thomas Sowell sees what has happened not as a series of isolated mistakes, but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and other social pathology. In this book, "politically correct" theory is repeatedly confronted with facts-and sharp contradictions between the two are explained in terms of a whole set of self-congratulatory assumptions held by political and intellectual elites.
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An Absolute Masterpiece!
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Race and Culture
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Thomas Sowell is one of America’s leading voices on matters of race and ethnicity. In his book, Inside American Education, he surveyed the ills of American education from the primary grades to graduate school with “an impressive range of knowledge and acuity of observation”, according to the Wall Street Journal. Now, in his book Race and Culture, he asks the question: “What is it that allows certain groups to get ahead?” and the answer will undoubtedly create debates for years to come.
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Thomas Sowell is rare breed of public intellectual
- By PAUL on 09-03-12
By: Thomas Sowell
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Charter Schools and Their Enemies
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A leading conservative intellectual defends charter schools against the teachers' unions, politicians, and liberal educators who threaten to dismantle their success.
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Another winner from Thomas Sowell!
- By Wayne on 07-01-20
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Knowledge and Decisions
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This reissue of Thomas Sowell’s classic study of decision making, which includes a preface by the author, updates his seminal work in the context of The Vision of the Anointed. Sowell, one of America’s most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making—a gap that threatens not only our economic and political efficiency but our very freedom.
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Thomas Sowell's Greatest Work
- By Doug on 12-08-12
By: Thomas Sowell
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Basic Economics
- A Citizen's Guide to the Economy
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- Unabridged
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Overall
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Performance
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Basic Economics has been written with the thought that learning economics should be not only a relaxed experience but also an enjoyable one.
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Naive and Fact-Free
- By Joshua on 09-27-07
By: Thomas Sowell
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Migrations and Cultures
- A World View
- By: Thomas Sowell
- Narrated by: Robertson Dean
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Most commentators look at the issue of immigration from the viewpoint of immediate politics. In doing so, they focus on only a piece of the issue and lose touch with the larger picture. Now Thomas Sowell offers a sweeping historical and global look at a large number of migrations over a long period of time. Migrations and Cultures shows the persistence of cultural traits in particular racial and ethnic groups.
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good but a dense read
- By Hi5Me on 03-27-18
By: Thomas Sowell
What listeners say about Basic Economics
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- X
- 08-17-24
Get this book.
A solid book that everyone should have on their library, physical or digital. This book should be a requirement for anyone before they graduate from high school (preferably middle school). It's straight forward and easy to follow along with, but it's packed full of important information presented with easily understandable and relatable comparisons to help clarify.
Honestly i can't recommend it enough.
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Overall
- Ashley N. Hensley
- 12-16-22
perfect book to start my research with.
interesting ,inciteful, and easily digestible. This book revieled to me, that I actually do enjoy leaning about economics. This book doesn't just drone on about costs and expenditures, or stocks and bonds. He gives prime examples of how and why our economy works the way it does, while also dispelling some falsehoods that are shouted by anti-capital activists.
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- JB Reads A Lot
- 12-11-23
Must read or listen
Get a logical and fact based understanding of basic economics. You won’t get this in school or in most media.
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- Hugh C.
- 10-03-22
Complex topics made easy to understand
This book should be mandatory reading for every high school and college student Thomas Sowell has the unique ability to make dry and hard to understand subjects interesting and easy to understand and I. This is not only a lesson in economics it’s a book that teaches the reader how to think and evaluate actions and their results.
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- Low voltage Tech
- 07-25-22
a book that explains the complicated to me
I enjoyed this 18 year old book. It's so relevant today. It helps explain many terms that are elusive to me. Thank you Dr. Sowell.
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- Valentino
- 09-23-24
Loved it.
I occasionally heard two voices at the same time, indicating that the recording process was not working properly.
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- Chad S.
- 06-12-19
A mind opening consideration of Economics.
Fantastic book, one that gets one thinking in a different way about economics than is generally promoted by society today. Good narration, the only reason I held off on 5 stars is that on occasion, some very minor background noise could be heard, but wasn't overly distracting.
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8 people found this helpful
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- Ranjit Joseph
- 10-30-20
Sowell at his best
Dr. Thomas Sowell has written a long and thorough masterpiece explaining the core tenets of economics and gives a tour de force defense of the need for free market systems.
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2 people found this helpful
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- Vincent Gonzales
- 05-10-21
Complex but enlightening.
Excellent, concise, breakdown of economics as they affect us and how they affect us and the rest of the world.
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- Mark Ingram
- 09-08-20
Hours of listening pleasure!
Sowell's works should be required reading in high school to ensure an economically aware populace!
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2 people found this helpful