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BASIC ECONOMICS

Thomas Sowell

 

Subtitle: A Citizen's Guide to the Economy, Basic Books, 2000, 366 pgs., index, sources

 
 

Reviewer comments: This is an excellent text for anyone wanting to learn about economics. It is free from jargon, from econometric pseudo-math, tables, and charts. The organization and topics are presented according to the author's experience from teaching economics for many years.

 

Preface

 
 

Chapter 1 What is Economics?

 
 

Part I Prices

 
 

Chapter 2 The Role of Prices

 
 

Chapter 3 Price Controls

 
 

Chapter 4 An Overview

 
 

Part II Industry and Commerce

 
 

Chapter 5 The Rise and Fall of Businesses

 
 

Chapter 6 The Role of Profits - and Losses

 
 

Chapter 7 Big Business and Government

 
 

Chapter 8 An Overview

 
 

Part III Work and Pay

 
 

Chapter 9 Productivity and Pay

 
 

Chapter 10 Controlled Labor Markets

 
 

Chapter 11- An Overview

 
 

Part IV Time and Risk

 
 

Chapter 12 Investment and Speculation

 
 

Chapter 13 Risks and Insurance

 
 

Chapter 14 - An Overview

 
 

Part V The National Economy

 
 

Chapter 15 National Output

 
 

Chapter 16 Money and the Banking System

 
 

Chapter 17 The Role of Government

 
 

Chapter 18 An Overview

 
 

Part VI The International Economy

 
 

Chapter 19 International Trade

 
 

Chapter 20 International Transfers of Wealth

 
 

Chapter 21 An Overview

 
 

Part VII Popular Economic Fallacies

 
 

Chapter 22 "Non-Economic "Values

 
 

Chapter 23 Prices and Purchasing Power

 
 

Chapter 24 Business and Labor

 
 

Chapter 25 An Overview

 
 

Other References

 
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Theodore Morgan - Introduction to Economics

 
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Armen Alchian & William Allen- Universal Economics

 
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Armen Alchian and William Allen - Exchange and Production

 
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Matthew D. Mitchell - Applied Mainline Economics

 
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Frederic Mishkin - The Economnics of Money, Banking, and Financial Masrkets Fifth Edition

 
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Frederic Mishkin - The Economnics of Money, Banking, and Financial Masrkets Ninth Edition

 
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