Basic Economics, 4th Edition
For over a decade, Thomas Sowell’s popular Basic Economics: A Common Sense Guide to the Economy has been widely praised for its simple, jargon-less explanations of the economy’s inner workings. A fourth and heavily revised version of the book has now been released, with a new chapter focused on the history of economics and a closer examination of that history’s implications. With this new edition, Sowell continues to prove that it is possible to outline complex, relevant economic ideas in a way that is clear and enjoyable to read.
“Basic Economics is not only valuable for a general lay-person audience; it would also benefit lawyers, politicians, and yes, economists, as well.”—Washington Times
“Tom Sowell’s smooth writing, irresistible logic, deep knowledge and flawless economics make each page an explanatory treat to experts and novices alike.” —Thomas Hazlett, Professor of Law & Economics and Director, Information Economy Project, George Mason University
A graduate of Harvard and Columbia University, Thomas Sowell has taught economics at UCLA, Brandeis University, Cornell University, Howard University, and Rutgers University, and was briefly the project director for The Urban Institute. He writes a syndicated column that has appeared in Forbes Magazine, The Wall Street Journal, and other major newspapers, and many of his books have been featured on the NYT Bestseller list. Currently he is a Senior Fellow at the Hoover Institution of Stanford University.