Dec 2, 2014 · 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.

In a 2004 review of the second edition for Cato Journal, R. Bastiat dubbed Basic Economics "an exhilarating tour of the fundamentals of microeconomics, macroeconomics, financial markets, and …

May 5, 2019 · Economics studies how people use resources, like money, and affects our everyday lives. Microeconomics looks at individual markets, while macroeconomics looks at the entire economy. …

This book was written both for the general public and for students in introductory economics courses. It has none of the graphs, equations, or statistical tables usually found in economics books. Nor does it …

Economics is a social science discipline that investigates how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited desires and needs.

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. Thomas Sowell explains the general …

Dec 17, 2025 · Learn about supply and demand, economic systems, theories, and more in this in-depth article on the principles of economics.

Test your knowledge of the skills in this course. Learn how different types of economies make decisions about what to produce and how to distribute resources. We'll introduce key concepts like opportunity …

Jan 1, 2000 · Basic Economics is a citizen's guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles …

This guide aims to introduce you to the basic concepts of economics, breaking down fundamental principles to demystify this dynamic field. Whether you’re interested in personal finance, policy …