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.. Basic economics : a common sense guide to the economy by Sowell, Thomas, 1930-Publication date 2011 Topics Economics, United States -- Economic conditions. Contributor Internet Archive Language English. ix, 689 p. ; 25 cm Thomas Sowell explains the principles of economics in plain jargon for the general public, answering questions like: Why.

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978-0465081387. OCLC. 873007676. Preceded by. Intellectuals and Race. Followed by. Wealth, Poverty and Politics. Basic Economics is a non-fiction book by American economist Thomas Sowell published by Basic Books in 2000. The original subtitle was A Citizen's Guide to the Economy, but from the third edition in 2007 on it was subtitled A Common.. 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 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.