Basic Economics: A Citizen's Guide to the Economy: Amazon.de: Thomas Sowell: Englische Bücher

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Taschenbuch: 384 Seiten
Verlag: Basic Books; Auflage: Reprint (August 2003)
Sprache: Englisch
ISBN-10: 0465081398
ISBN-13: 978-0465081394
Amazon Bestseller-Rang: Nr. 2.431.266 in Englische Bücher (Siehe Top 100 in Englische Bücher)

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From Booklist

Sowell, an economist and academic, tells us that the target audience for this introduction to economics includes highly intelligent people who want to understand the workings of their country's economy, as well as students and economists who need to learn how to express themselves in plain English. He reviews such topics as prices, industry, labor, investment and speculation, and both the national and international economies. To make informed decisions, the voting public needs an understanding of basic economics, which will provide the tools for evaluating political policies and proposals in terms of logical implications and empirical evidence. Innumerable tragedies could be avoided if people stop and think instead of being swept along by emotions, rhetoric, or political pressure. The author cites examples, such as the profound problem of homelessness in Manhattan in spite of having more boarded-up housing than they would need for shelter, and the Russian people going hungry in spite of having incredibly rich farmland. Valuable information and insight. Mary Whaley
Copyright © American Library Association. All rights reserved -- Dieser Text bezieht sich auf eine vergriffene oder nicht verf�gbare Ausgabe dieses Titels.

From Library Journal

Syndicated columnist Sowell (economics, Hoover Inst.) is the author of 31 books and monographs on a broad range of topics, including race, culture, education, social policy, philosophy, and economics. In this groundbreaking work, he explains the basics of economics without resorting to the graphs, equations, and jargon that typically fill the textbooks and literature in the field. Along the way, he explains exactly what economics is and what its guiding principles are. Sowell covers a broad range of topics, from scarcity, the balance of trade, and price controls to minimum-wage laws, competition, profits and losses, and the role of government. Intended as a primer for the citizen not trained in the basics of economic theory, this book is flawed only in a somewhat confusing organization that leads to repetition. Recommended for public libraries. Norm Hutcherson, California State Univ., Bakersfield
Copyright 2001 Reed Business Information, Inc. -- Dieser Text bezieht sich auf eine vergriffene oder nicht verf�gbare Ausgabe dieses Titels.

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111 von 116 Kunden fanden die folgende Rezension hilfreich

Antidote to economic illiteracy 24. Januar 2001

Von Barry Milliken - Ver�ffentlicht auf Amazon.com

Format:Gebundene Ausgabe

Economic illiteracy (and its political results) may be the single largest cause of avoidable human misery worldwide. Even in the US, (the most advanced market ecomony in the world), it is painful to listen to the daily pronouncements of most politicians and commentators on the subject.

Sowell provides a good complilation of what any educated citizen needs to know. As he admits, there is little in this book that hasn't been understood by at least some economists for decades (and sometimes centuries). But he spices the presentation with many recent examples of political folly.

91 von 97 Kunden fanden die folgende Rezension hilfreich

Sublime in its simplicity 4. Juni 2001

Von Scott Widener - Ver�ffentlicht auf Amazon.com

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The author presents a solid synopsis and analysis of economic data that span most of Humanity's history. He uses these data to clearly explain complex economic phenomena as an application of simple, seemingly immutable, economic rules. The consequences of failure to account for these rules by policy makers over both time and distance are well described.

The primary review of this book is objectionable. The reviewer erroneously applies the label "conservative" to Dr. Sowell, lamenting the author's expressed point of view. Dr. Sowell writes the book as an economist, not an ideologue, and the book is simply an economic treatment of evidence, devoid of any political bend. What should be clear to the reviewer is that economics is not a belief system, but rather the study of the allocation of scare resources. A study-of employs scientific method and standard statistical techniques to test hypotheses and to draw inferences. This process, done correctly, must be free from ideology. Therefore, while a liberal might very well continue to support rent control as a policy, he does so in lieu of the demonstrated consequences of such policy. One can disagree with a political or philosophical stance; one cannot "disagree" with accumulated evidence.

There are some annoying typographical errors that should have been culled during editing. However, it is a great work overall. I endorse the sentiment that this book should be required reading for anybody that votes, anybody that holds office, and for anybody that has not given substantial thought or study to the subject of economics, yet considers himself educated.

56 von 58 Kunden fanden die folgende Rezension hilfreich

I wish 6. Februar 2001

Von Ein Kunde - Ver�ffentlicht auf Amazon.com

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I wish there were some way to get this book into the hands of every household in America. Someone with the means should fund that project.

The amazing thing is that what Sowell says throughout this book should need saying. Much of what he says is patently self-evident to anyone not blinded by idelogical prejudices. We should not have to continue repeating the mistakes of the past (and present).

Sowell, in his own inimitable style, discusses clearly and concisely all of the basic issues involved in economics. Probably the most important thing he says repeatedly is that economic plans should NOT be evaluateed on the basis of their purported goals. Instead, they should be evaluated on the basis of the incentives they will create. It is a failure to take into account these incentives that explain why so many good intentions have resulted in complete and utter failure. Incentives, not intentions, are what count.

If you want to know why the common analyses of the ecomomy and the common suggestions for improvement that are promoted by politicians, pundits, and professional news anchors are misguided and counter-productive, read this book.

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