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Basic economics thomas sowell 6th edition
Basic economics thomas sowell 6th edition








This can give reader misleading impression about role of government in the economy.

basic economics thomas sowell 6th edition

For example, the book presents mainly examples of various government interventions that failed due to unintended consequences, but does not always mention more nuanced policies that were successful. On the other hand you can definitely see a libertarian slant in the book. The book is very good at explaining some basic economic concepts such as scarcity and trade-offs, how markets operate and also has a lot of illustrations of very important concept in policy economics of unintended consequences. I think both of the things you heard about the book are valid. I have also heard some criticisms but they seem to be based on Thomas Sowell's political views.

basic economics thomas sowell 6th edition

I heard that Basic Economics by Thomas Sowell is a good book for a layperson to get a feel for how the economy works.










Basic economics thomas sowell 6th edition