Extended Audio Sample

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 Audiobook, 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 Emerson Publisher: Blackstone Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: October 2009 ISBN: 9781455185054
Regular Price: $27.95 Add to Cart
— or —
FlexPass™ Price: $13.95$5.95$5.95 for new members!
Add to Cart learn more )

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.

Download and start listening now!

BK_BLAK_001576

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 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 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 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 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..... "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Quincy | 1/28/2014

    " This book was about "the allocation of scarce resources which have alternative uses," and the author makes sure to repeat that phrase several times in every chapter. Overall though, I enjoyed the book. The author explains economic principles with clarity and simplicity. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Brian Widmer | 1/20/2014

    " I should re-read this every few years. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Econometrics AnEconomist.com | 1/18/2014

    " Basic Economics can never be possible to be written in such a well maner that even a non-economic person will enjoy reading such a title. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Richard | 1/17/2014

    " If every citizen of the US would be required to read a book like this we would have a much better imformed society who would be able to think critically and elect politicians accordingly. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Susan Harter | 11/5/2013

    " Just starting to read this, and it's clear headed and fascinating! I always KNEW rent control was a bad idea, but reading the section on price controls explained why. Reading this makes me feel like a grown-up, finally, on financial matters. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Jbaes | 11/10/2012

    " Thomas Sowell is a national treasure "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Brian Olson | 10/6/2012

    " A classic. Should be read by all high school students, before they get confused by any college economics courses. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Upton | 12/19/2011

    " The title pretty much sums this one up. Everyone should be familiar with the ideas outlined in this book. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Nicole | 10/25/2011

    " If you hate numbers but want to understand economics this is the book for you!! "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Holly Ordway | 8/11/2011

    " Everyone should read this book! It's a comprehensive, interesting, and important overview of basic economics, a necessary subject in today's world. Economics isn't just about money or businesses; it's the science of how to most effectively allocate scarce resources. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Cherise | 6/22/2011

    " Be not daunted by the size of this book. It is a must-read. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Nedland P. | 5/18/2011

    " Excellent. Should be read with Hazlitt's "Economics in One Lesson". "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Allegra | 4/24/2011

    " Excellent read. I've been reading this behemoth for a few months at least, which is really unusual for me. Nevertheless I can pick it up without having read it recently and still gain a lot from it. Informative without sounding like a textbook. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Jared | 4/8/2011

    " Basically an in-depth look at micro and macro economics without graphs or equations.

    Terrific "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Matt | 2/28/2011

    " Econ is life. That is what my high school teacher keep saying. This book goes in depth of different economic plains and gives the pro and cons to both. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 John | 1/25/2011

    " I believe that every single person should read this book, especially in these times... "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Manoj | 12/14/2010

    " Awesome book...changed my whole approach to world economics...feels like i got a new economic spectacle "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Nedland | 12/11/2010

    " Excellent. Should be read with Hazlitt's "Economics in One Lesson". "

Write a Review
What is FlexPass?
  • Your first audiobook is just $5.95
  • Over 90% are at or below $12.95
  • "LOVE IT" guarantee
  • No time limits or expirations
About the Author
Author Thomas Sowell

Thomas Sowell is a senior fellow at the Hoover Institute and the author of A Personal Odyssey, The Vision of the Anointed, Ethnic America, and several other books. His essays have appeared in the New York Times, the Wall Street Journal, Time, Newsweek, Forbes, and Fortune and are syndicated in 150 newspapers. He lives in Stanford, California.

About the Narrator

Brian Emerson is an actor and technical director with a long career in the Washington, DC, and Baltimore areas.