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Basic Economics
Thomas Sowell
A Common Sense Guide to the Economy
★ 4.4 (703 Ratings)
◷ 16 Minutes
☰ 4 Sections
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About this content
Basic Economics (2000) provides a broad yet comprehensive introduction to economic principles, without requiring a background in the subject. Avoiding complicated jargon, it explains core economic concepts in plain English, with the help of real-life examples.
About the author
Thomas Sowell is an American economist, author, and social commentator. He is a senior fellow at the Hoover Institution and the recipient of the National Humanities Medal. Sowell is the author of over 45 books on a broad range of subjects, including economics, politics, education, and race. Basic Economics, which was first published in 2000, has been regularly updated ever since; it is currently in its fifth edition.
Who might enjoy this content?
- Those looking for an introduction to key economic topics
- Savers wondering what banks do with their money
- Anyone who’s asked themselves how dams and highways get built
