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Download Basic Economics: A Citizen’s Guide to the Economy: Revised and Expanded Edition Audiobook

Extended Audio Sample Basic Economics: A Citizen’s Guide to the Economy: Revised and Expanded Edition, by Thomas Sowell Click for printable size audiobook cover
4 out of 54 out of 54 out of 54 out of 54 out of 5 4.00 (2,060 ratings) (rate this audio book) Author: Thomas Sowell Narrator: Brian Emerso Publisher: Blackstone Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing—and even enjoyable.

Sowell reveals the general principles behind any kind of economy—capitalist, socialist, feudal, and so on. In understandable 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.

In this edition, Basic Economics has been revised and expanded to address the new concerns of the twenty-first century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world. Each chapter reflects the experiences of many different peoples and cultures. In his straightforward style, Sowell demonstrates that the basic principles of economics are not confined by national borders.

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Quotes & Awards

  • Basic Economics demonstrates in every chapter why Thomas Sowell is one of America’s greatest thinkers. It is must-reading for anyone who wants the truth about how the laws of economics govern so many of the events in our daily lives.”

    Arthur C. Brooks, author of The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America’s Future

  • “Clear and concise…Among economists of the past thirty years, [Sowell] stands very proud indeed.”

    Wall Street Journal

  • Basic Economics is not only valuable for a general lay-person audience, it would also benefit lawyers, politicians, and, yes, economists, as well.”

    Washington Times

  • “Badly needed…. Anyone who has been subjected to biased and dreary economics textbooks should read Basic Economics as a bracing corrective.”

    Claremont Review of Books

Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Brian Yost | 2/18/2014

    " This is a textbook, so it is long and takes effort to keep interest, but as a textbook it was great. I never had a chance to take Econ in college, and this was a great substitute. Very good historical and modern day example of policies and why we make laws as we do...albeit in error due to politicians voting with re-election in mind, rather than with the best interests of the populous or economy in mind. Very clear explanations of the consequences of a law being passes; the good in one sector affecting another sector negatively. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Keith Hawkins | 2/15/2014

    " Excellently written in easy to understand language. This book should mandatory reading especially for high school students so readers can understand how free economies work and how government meddling such as rent controls and price freezes actually result in shortages of the very economic items being controlled. High school students should read this book before they attend college and are subjected to the economic fallacies of the liberal socialism which dominates college economic departments theses days. "

  • 1 out of 51 out of 51 out of 51 out of 51 out of 5 by Nile | 2/4/2014

    " Communism bad. Capitalism good. I got it. No duh. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Pam Pressney | 1/30/2014

    " It is too bad that most people aren't interested in REALLY becoming informed about how the world of economics works. Instead, they listen to the pundits on the news channels, or their political idols, or their sociology professors (who may not even be able to give a basic definition of economics)...on and on. They follow like sheep, and are herded by dogs who insure that they never expand their knowledge. So, if you really want to make your own informed decisions, read this book. Yes, it is basic economics, which is what I really needed right now. I was a little fuzzy on the college economics courses I took over 30 years ago. And, of course, the world has changed...and Sowell describes the changes in relationship to economic theories/definitions. He writes in a very easy to understand manner. But I am very fearful after reading this book....fearful that we shall very soon look just like Greece..... "

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About the Author
Author Thomas Sowell

Thomas Sowell has taught economics at Cornell, UCLA, Amherst, and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar-in-residence at the Hoover Institution, Stanford University. He has been published in both academic journals and such popular media as the Wall Street Journal, Forbes, and Fortune and writes a syndicated column that appears in newspapers across the country.