Basic economics : a citizen's guide to the economy / Thomas Sowell.
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TextPublication details: New York : Basic Books, c2004.Edition: Rev. and expanded edDescription: x, 438 p. ; 25 cmISBN: - 0465081452 (alk. paper)
- 9780465081455 (alk. paper)
- 330 21
- HB171 .S713 2004
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TUP Manila Library | General Circulation Section-GF | HB171 .S713 2004 (Browse shelf(Opens below)) | Available | P00004003 |
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| HB 171 B33 1971 Economics; an introduction to analysis and policy. | HB 171 B76 1995 Principles of microeconomics / | HB 171 S64 1986 Understanding economics. | HB171 .S713 2004 Basic economics : a citizen's guide to the economy / | HB 171.5 B17 1989 Economics / | HB171.5 C33 2007 An introduction to principles of economics / | HB 171.5 D62 2018 Macroeconomics / |
Includes bibliographical references (p. 407-432) and index.
What is economics? -- pt. I. Prices and markets. The role of prices ; Price controls ; An overview --pt. II. Industry and commerce. The rise and fall of business ; The role of profits-- and losses ; Big business and government ; An overview -- pt. III. Work and pay. Productivity and pay ; Controlled labor markets ; An overview -- pt. IV. Time and risk. Investment and speculation ; Risks and insurance ; An overview -- pt. V. The national economy. National output ; Money and the banking system ; The role of government ; An overview -- pt. VI. The international economy. International trade ; International transfers of wealth ; An overview-- pt. VII. Special economic issues. "Non-economic" values ; Myths about markets ; Parting thoughts.
Outlines the principles behind each major type of economy including capitalist, socialist, and feudal, in terms of the incentives each creates.
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