{"product_id":"basic-economics-a-common-sense-guide-to-the-economy","title":"Basic Economics: A Common Sense Guide to the Economy","description":"\u003cb\u003eThe bestselling citizen's guide to economics \u003c\/b\u003e\u003cp\u003e\u003c\/p\u003e \"\u003ci\u003eBasic Economics \u003c\/i\u003ereveals in every chapter why Thomas Sowell is one of America's greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives.\"―Arthur C. Brooks, \u003ci\u003eNew York Times\u003c\/i\u003e bestselling author of \u003ci\u003eBuild the Life You Want\u003c\/i\u003e \u003cp\u003e\u003c\/p\u003e\u003ci\u003eBasic Economics\u003c\/i\u003e is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: 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. \u003cp\u003e\u003c\/p\u003e This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. \u003cp\u003e\u003c\/p\u003e Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English. \u003cbr\u003e\u003cdiv style=\"display:none\"\u003eISBN-10: 0465060730\u003cbr\u003eISBN-13: 9780465060733\u003cbr\u003eAuthor: Sowell, Thomas, N\/A, N\/A\u003cbr\u003ePublisher: Basic Books\u003cbr\u003e\n\u003c\/div\u003e","brand":"Basic Books","offers":[{"title":"HardCover (Dec 2014)","offer_id":45659945271493,"sku":"9780465060733","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0708\/6414\/2533\/files\/9780465060733.jpg?v=1768916195","url":"https:\/\/www.inveni.store\/products\/basic-economics-a-common-sense-guide-to-the-economy","provider":"Inveni","version":"1.0","type":"link"}