Basic Economics

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Basic Economics

Basic Economics Pdf/ePub eBook Author: ,
Editor: Basic Books
ISBN: 0465056849
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Basic Economics by , Summary

The bestselling citizen's guide to economics Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Economics in One Lesson

Economics in One Lesson Pdf/ePub eBook Author: Henry Hazlitt
Editor: Currency
ISBN: 0307760626
FileSize: 1853kb
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Economics in One Lesson by Henry Hazlitt Summary

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Applied Economics

Applied Economics Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 0786722703
FileSize: 1911kb
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Applied Economics by Thomas Sowell Summary

The application of economics to major contemporary real world problems -- housing, medical care, discrimination, the economic development of nations -- is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.

Economic Facts and Fallacies

Economic Facts and Fallacies Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 0465026303
FileSize: 1211kb
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Economic Facts and Fallacies by Thomas Sowell Summary

Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Discrimination and Disparities

Discrimination and Disparities Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 1541617835
FileSize: 1604kb
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Discrimination and Disparities by Thomas Sowell Summary

An enlarged edition of Thomas Sowell's brilliant examination of the origins of economic disparities Economic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics. Others believe that those who are less fortunate are victims of the more fortunate. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. This revised and enlarged edition also analyzes the human consequences of the prevailing social vision of these disparities and the policies based on that vision--from educational disasters to widespread crime and violence.

Intellectuals and Society

Intellectuals and Society Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 0465031102
FileSize: 1908kb
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Intellectuals and Society by Thomas Sowell Summary

The influence of intellectuals is not only greater than in previous eras but also takes a very different form from that envisioned by those like Machiavelli and others who have wanted to directly influence rulers. It has not been by shaping the opinions or directing the actions of the holders of power that modern intellectuals have most influenced the course of events, but by shaping public opinion in ways that affect the actions of power holders in democratic societies, whether or not those power holders accept the general vision or the particular policies favored by intellectuals. Even government leaders with disdain or contempt for intellectuals have had to bend to the climate of opinion shaped by those intellectuals. Intellectuals and Society not only examines the track record of intellectuals in the things they have advocated but also analyzes the incentives and constraints under which their views and visions have emerged. One of the most surprising aspects of this study is how often intellectuals have been proved not only wrong, but grossly and disastrously wrong in their prescriptions for the ills of society -- and how little their views have changed in response to empirical evidence of the disasters entailed by those views.

The Ethics and Economics of the Basic Income Guarantee

The Ethics and Economics of the Basic Income Guarantee Pdf/ePub eBook Author: Karl Widerquist,Michael Anthony Lewis
Editor: Routledge
ISBN: 1351890530
FileSize: 944kb
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The Ethics and Economics of the Basic Income Guarantee by Karl Widerquist,Michael Anthony Lewis Summary

Governments in the US, the UK and other nations around the world routinely consider and, in some cases, experiment with reforms of their income support systems. The basic income guarantee, a universal unconditional income grant, has received increasing attention from scholars as an alternative to the kinds of reforms that have been implemented. This book explores the political, sociological, economic, and philosophical issues of the basic income guarantee. Tracing the history of the idea, from its origins in the late eighteenth century through its political vogue in the 1970s, when the Family Assistance Plan narrowly missed passage in the US Congress, it also examines the philosophical debate over the issue. The book is designed to foster a climate of ideas amongst those specifically interested in the income support policies and more widely for those concerned with public, welfare and labour economics. Its coverage will enable readers to obtain an in depth grounding in the topic, regardless of their position in the debate.

The Basic Economic System of China

The Basic Economic System of China Pdf/ePub eBook Author: Changhong Pei,Chunxue Yang,Xinming Yang
Editor: Springer
ISBN: 9811368953
FileSize: 1681kb
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The Basic Economic System of China by Changhong Pei,Chunxue Yang,Xinming Yang Summary

This book uses facts and data to prove that socialist public sectors are still in a predominant position in China. Based on previous research and studies, a set of methods for measuring the structure of public or non-public owned economy is offered in this book. As is remarked by the authors, China’s basic economic system, namely the system with the public sector remaining dominant and diverse sectors of the economy developing side by side, represents an efficient approach towards mutual benefit, common prosperity and peaceful co-existence.

The Little Book of Economics

The Little Book of Economics Pdf/ePub eBook Author: Greg Ip
Editor: John Wiley & Sons
ISBN: 1118417534
FileSize: 698kb
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The Little Book of Economics by Greg Ip Summary

An accessible, thoroughly engaging look at how the economyreally works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lotcloser attention to the economy than ever before. But economics,with its weird technical jargon and knotty concepts and formulascan be a very difficult subject to get to grips with on your own.Enter Greg Ip and his Little Book of Economics. Like apatient, good-natured tutor, Greg, one of today's most respectedeconomics journalists, walks you through everything you need toknow about how the economy works. Short on technical jargon andlong on clear, concise, plain-English explanations of importantterms, concepts, events, historical figures and major players, thisrevised and updated edition of Greg's bestselling guide clues youin on what's really going on, what it means to you and what weshould be demanding our policymakers do about the economy goingforward. From inflation to the Federal Reserve, taxes to the budgetdeficit, you get indispensible insights into everything that reallymatters about economics and its impact on everyday life Special sections featuring additional resources of everysubject discussed and where to find additional information to helpyou learn more about an issue and keep track of ongoingdevelopments Offers priceless insights into the roots of America's economiccrisis and its aftermath, especially the role played by excessivegreed and risk-taking, and what can be done to avoid anothereconomic cataclysm Digs into globalization, the roots of the Euro crisis, thesources of China's spectacular growth, and why the gap between theeconomy's winners and losers keeps widening

Fundamental Principles of Law and Economics

Fundamental Principles of Law and Economics Pdf/ePub eBook Author: Alan Devlin
Editor: Routledge
ISBN: 1317616499
FileSize: 1830kb
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Fundamental Principles of Law and Economics by Alan Devlin Summary

This textbook places the relationship between law and economics in its international context, explaining the fundamentals of this increasingly important area of teaching and research in an accessible and straightforward manner. In presenting the subject, Alan Devlin draws on the neoclassical tradition of economic analysis of law while also showcasing cutting- edge developments, such as the rise of behavioural economic theories of law. Key features of this innovative book include: case law, directives, regulations, and statistics from EU, UK, and US jurisdictions are presented clearly and contextualised for law students, showing how law and economics theory can be understood in practice; succinct end- of-chapter summaries highlight the essential points in each chapter to focus student learning; further reading is provided at the end of each chapter to guide independent research. Making use of tables and diagrams throughout to facilitate understanding, this text provides a comprehensive overview of law-and-economics that is ideal for those new to the subject and for use as a course text for law-and-economics modules.


Principles Pdf/ePub eBook Author: Ray Dalio
Editor: Simon and Schuster
ISBN: 1501124056
FileSize: 877kb
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Principles by Ray Dalio Summary

#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Basic Economics, Grades 5 - 8

Basic Economics, Grades 5 - 8 Pdf/ePub eBook Author: Karl Biedenweg
Editor: Mark Twain Media
ISBN: 1580379036
FileSize: 971kb
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Basic Economics, Grades 5 - 8 by Karl Biedenweg Summary

Make money talk with Basic Economics for grades 5 and up! This 80-page book helps students develop economic awareness and an awareness of resources and trade. It includes 12 sections, each with worksheets and Internet activities. These sections introduce students to supply and demand, the government's effects on economic behavior, the economic cycle, and global trade. The book also includes an answer key, reproducibles, and review pages.

Intellectuals and Race

Intellectuals and Race Pdf/ePub eBook Author: Thomas Sowell
Editor: Basic Books
ISBN: 0465058701
FileSize: 1312kb
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Intellectuals and Race by Thomas Sowell Summary

Intellectuals and Race is a radical book in the original sense of one that goes to the root of the problem. The role of intellectuals in racial strife is explored in an international context that puts the American experience in a wholly new light. The views of individual intellectuals have spanned the spectrum, but the views of intellectuals as a whole have tended to cluster. Indeed, these views have clustered at one end of the spectrum in the early twentieth century and then clustered at the opposite end of the spectrum in the late twentieth century. Moreover, these radically different views of race in these two eras were held by intellectuals whose views on other issues were very similar in both eras. Intellectuals and Race is not, however, a book about history, even though it has much historical evidence, as well as demographic, geographic, economic and statistical evidence-- all of it directed toward testing the underlying assumptions about race that have prevailed at times among intellectuals in general, and especially intellectuals at the highest levels. Nor is this simply a theoretical exercise. The impact of intellectuals' ideas and crusades on the larger society, both past and present, is the ultimate concern. These ideas and crusades have ranged widely from racial theories of intelligence to eugenics to "social justice" and multiculturalism. In addition to in-depth examinations of these and other issues, Intellectuals and Race explores the incentives, the visions and the rationales that drive intellectuals at the highest levels to conclusions that have often turned out to be counterproductive and even disastrous, not only for particular racial or ethnic groups, but for societies as a whole.

Good Economics for Hard Times

Good Economics for Hard Times Pdf/ePub eBook Author: Abhijit V. Banerjee,Esther Duflo
Editor: PublicAffairs
ISBN: 1541762878
FileSize: 318kb
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Good Economics for Hard Times by Abhijit V. Banerjee,Esther Duflo Summary

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

The Haves and the Have-Nots

The Haves and the Have-Nots Pdf/ePub eBook Author: Branko Milanovic
Editor: Basic Books
ISBN: 0465022308
FileSize: 698kb
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The Haves and the Have-Nots by Branko Milanovic Summary

Who is the richest person in the world, ever? Does where you were born affect how much money you’ll earn over a lifetime? How would we know? Why—beyond the idle curiosity—do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world’s leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time. Milanovic uses history, literature and stories straight out of today’s newspapers, to discuss one of the major divisions in our social lives: between the haves and the have-nots. He reveals just how rich Elizabeth Bennet’s suitor Mr. Darcy really was; how much Anna Karenina gained by falling in love; how wealthy ancient Romans compare to today’s super-rich; where in Kenyan income distribution was Obama’s grandfather; how we should think about Marxism in a modern world; and how location where one is born determines his wealth. He goes beyond mere entertainment to explain why inequality matters, how it damages our economics prospects, and how it can threaten the foundations of the social order that we take for granted. Bold, engaging, and illuminating, The Haves and the Have-Nots teaches us not only how to think about inequality, but why we should.

Basic Economics for Conservative Democrats

Basic Economics for Conservative Democrats Pdf/ePub eBook Author: Lyndon LaRouche
Editor: Executive Intelligence Review
FileSize: 1026kb
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Basic Economics for Conservative Democrats by Lyndon LaRouche Summary

As I spell the point out in the main text of this book, a sound national economic policy in the tradition of Alexander Hamilton enables us to simultaneously increase profits and wages. This can be accomplished in only one way. It is accom­plished by transforming scientific and technological advances into what Hamilton termed “artificial labor,” machines which use sources of energy above and beyond the energy of the human musculature. In the overall life of our nation—or any nation, for that matter—neither business nor labor can prosper without a policy of promoting technological progress through the means of improved investment in productive capital. . . . . Once business and labor recognize that they both have the same overall, fundamental national economic-policy interest in common, that understand­ing establishes a mass electoral basis of support for the kinds of policies which business, farmers, and labor as a whole rightly demand.

Basic Economics (2nd Edition)

Basic Economics (2nd Edition) Pdf/ePub eBook Author: Amelia Verte
Editor: Lulu Press, Inc
ISBN: 1329155092
FileSize: 1095kb
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Basic Economics (2nd Edition) by Amelia Verte Summary

Everyone should know something about their economy. This e-book, Basic Economics (Second Edition), is created to help anyone who want to gain some basic economics knowledge. This e-book contains the basic knowledge any person should have about their economy. The presentation of the materials in this e-book is REALLY EASY to understand. This second edition of Basic Economics has a new section and better graphical illustrations than the first edition to help you better understand the material!

Basic Economics

Basic Economics Pdf/ePub eBook Author: IntroBooks Team
Editor: IntroBooks
FileSize: 1759kb
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Basic Economics by IntroBooks Team Summary

Economics is an important branch of studies that deal with the rules, principles, and laws governing the economy of a nation and different parts of the world. Economics is the study and an analysis of how individuals, businesses and populations use money or other resources in order to produce wealth. It is important to understand the concepts and basic of economics for state, federal and local government and even for companies that are affected by them. Business professionals and economics professionals must know the exact working of economics to be able to advise companies and clients in businesses and the students in an academic setting. Economic growth may be defined as an increase in economy capacity to manufacture goods and services within a given period of time. In simple terms, economic growth suggests any long term expansion of growth and productive potential of an economy and its ability to satisfy the demands and wants of the natives. Sustained economic growth has a great impact on the nation’s national income and also on the level of employment.