Basic Economics: A Common Sense Guide to the Economy / Edition 3

Basic Economics: A Common Sense Guide to the Economy / Edition 3

by Thomas Sowell
     
 

This completely revised and updated third edition of Thomas Sowell’s instrumental work includes a new chapter on government finance

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Overview

This completely revised and updated third edition of Thomas Sowell’s instrumental work includes a new chapter on government finance

Product Details

ISBN-13:
9780465002603
Publisher:
Basic Books
Publication date:
04/02/2007
Edition description:
3RD
Pages:
640
Product dimensions:
6.13(w) x 9.25(h) x 1.63(d)
Age Range:
18 Years

Table of Contents


Preface     vii
What is Economics?     1
Prices and Markets     9
The Role of Prices     11
Price Controls     38
An Overview     62
Industry and Commerce     87
The Rise and Fall of Businesses     89
The Role of Profits-and Losses     108
Big Business and Government     138
An Overview     162
Work and Pay     181
Productivity and Pay     183
Controlled Labor Markets     207
An Overview     237
Time and Risk     255
Investment and Speculation     257
Risks and Insurance     282
An Overview     307
The National Economy     323
National Output     325
Money and the Banking System     342
Government Functions     364
Government Finance     393
An Overview     419
The International Economy     431
International Trade     433
International Transfers of Wealth     457
An Overview     480
Special Economic Issues     493
Myths about Markets     495
"Non-Economic" Values     518
Parting Thoughts     544
Questions     553
Sources     569
Index     615

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