Basic Economics: A Citizen's Guide to the Economy: Revised and Expanded Edition

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 th...