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Description

In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on commonsense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. 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.

Basic Economics,which has now been translated into six languages and has additional material online, remains true to its core principle: that the fundamental facts and principles of economics do not require jargon, graphs, or equations and can be learned in a relaxed and even enjoyable way.

©2014 Thomas Sowell (P)2014 Blackstone Audio, Inc.

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Moyenne des évaluations de clients

Au global

  • 5 out of 5 stars
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Performance

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Histoire

  • 5 out of 5 stars
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  • Au global
    5 out of 5 stars
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  • Histoire
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Strongly recommended

Highly informative, very interesting, thoroughly supported. A must listen/read for any aspiring student, professional, or informed citizen.

2 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Tomas Sowell rocks!

If the masses in Western society read or listened to this book and then debated intelligently about Government policy and it’s implications, we would be so much better off.

2 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

enlightening

I thought I understood economics until I listened to this book. Worth the time spent

  • Au global
    5 out of 5 stars
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  • Histoire
    5 out of 5 stars

One of the best books I've read in a while

I didn't really care much about economics in school even though i studied it. After reading this books it thought me that economics helps us make rational decisions and tells us the truth about the crises going on in society. Probs to Thomas Sowell and the beautiful voice of the reader.

  • Au global
    4 out of 5 stars
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    4 out of 5 stars
  • Histoire
    4 out of 5 stars

A must

It's long, it's boring, but its a must listen or read because of the foundation it teaches.

Just wish he spent more time on the effects of world environnemental policies on the world economy.

  • Au global
    5 out of 5 stars
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    5 out of 5 stars

Changes your world

This book should be required for all high school students and politicians. Absolutely changes how you see the world when you discover how ignorant of economics most of us are.

  • Au global
    5 out of 5 stars
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    5 out of 5 stars

Phenomenal book, could/should be a text book.

Loved the book, narration was good too. Highly recommended for anyone interested in economics but is struggling to find a good and neutral source.

1 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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    5 out of 5 stars
  • Histoire
    4 out of 5 stars

Wow

This is a very illuminating book. This should be mandatory reading for all. I was stunned by how little I know about economics...

  • Au global
    5 out of 5 stars
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  • Histoire
    5 out of 5 stars

excellent book. very informative

I recommend it to anyone who seeks to better understand the principles of economics and how they relate to patterns we see in our world.

  • Au global
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  • Histoire
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Great Book For Basic understanding of Economics

The book is at early college level but has great details for understanding how a free market operates.

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  • Au global
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  • M. Kunze
  • 2018-02-10

The most eye-opening book I have ever read

A fantastic book by a brilliant author, fantastically read by a brilliant orator.
To anyone who thinks "economics does not interest me", I say: Give this book a try regardless. I promise that, unless you have read other economics books before, this one will feel truly earth shattering. It is well-written, well-researched, easily understandable by everyone and enormous in its educational value. Grab it while you can.

15 personnes sur 15 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars
  • Trenton
  • 2015-10-04

Phenomenal!

People say that is all the time, but this REALLY NEEDS to be required reading (listening in this case), and here is why:

Mr. Sowell expertly explains economics in this 25 hour long monster in a way that everyone can understand and enjoy. Everything he says is very well supported either using simple logic, hypothetical situations and many real world international and domestic examples.

Even if you don't agree with his explanations, you will still come out of this book with a better understanding of economics as you would have to come up with a logical reason to disagree with him, because his beautiful explanations and examples are essentially devoid of emotion, which is a very good thing.

Some of my favorite things of the book are:
- His often repeated statement is his definition of economics: Utilization of scarce resources which have alternative uses.
- His explanation of the difference between prices and costs.
- His examples of the effects of price controls.
- The absolute lack of mudslinging towards liberals, he actually operates under the assumption of people encouraging government intervention all with the best of intentions.
- His reminders how economists are known for being boring because of splashing cold water on policies due to cold hard boring facts.

This thing is almost 25 hours long, takes a while to listen to but it is like music to your ears. It's economics pure and simple and is fascinating.

Thomas Sowell for president! (Hey he's only 85, that isn't too old is it?)

41 personnes sur 46 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars
  • B. Davis
  • 2015-03-17

Great Publication

This is one of the best audio books I've purchased so far. I believe it should be required reading and that the principles should be taught early in the educational system. There is a lot of information that explains a lot of economic problems - poverty and unemployment, for example - that could be eliminated through policy adjustments or eliminations. The concepts are so clearly conveyed, in fact, that it's difficult to fathom how or why any great society would implement contradictory regulations.

The narrator spoke at a pace and pitch that facilitated ease of reception of the material (this is subjective, I suppose).

27 personnes sur 32 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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    5 out of 5 stars
  • Histoire
    5 out of 5 stars
  • DWR
  • 2015-02-10

Excellent Book on Basic Economics

Not really a "story" but it does tell the history and continuing effect of economics on our lives.

Thomas Sowell presents Economics in a very easy to understand and well illustrated way. This is the 5th edition so is up to date with current examples. There is a lot of information and a plethora of quotable quotes, so probably warrants additional listens to absorb it all.

Tom Weiner is perfect for this type of a book as he reads as one would expect an "expert" in this field might read.

A great book that I will definitely listen to again.

16 personnes sur 19 ont trouvé cette évaluation pertinente

  • Au global
    1 out of 5 stars
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    1 out of 5 stars
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    1 out of 5 stars
  • Awesomeness80
  • 2018-10-08

Not the book I thought it would be

This Book seems to be more of a comparison between capitalism and other economic systems. I get it, I agree capitalism is a great system. I don’t need something that is borderline propaganda for it. I wanted something that would help me better understand micro/macro economics better. Not how I could have more mental ammo against a communist in an argument. I think the results speak for themselves in that case. This book was not for me.

7 personnes sur 8 ont trouvé cette évaluation pertinente

  • Au global
    3 out of 5 stars
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    1 out of 5 stars
  • Histoire
    4 out of 5 stars
  • Chris
  • 2018-02-19

Painful listening to this presenter

I found parts of this book frustrating and sections that felt like they dragged on for far too long when a more concise description would have been sufficient.

The author writes about complexities in determining effects of economic decisions and that more than a superficial analysis is needed which seems reasonable. He then gives an example of Microsoft not being a monopoly in the late 90s during their antitrust case for internet explorer with zero analysis and no facts. it makes me question the rest of his examples. Microsoft controlled almost the entire desktop market at a time when mobile computing didn’t exist and were bullies - making it difficult to install another browser, lying about the tight integration between IE and windows, and butchering web standards that companies are still paying the price for today with applications written on IE6 for example.

7 personnes sur 8 ont trouvé cette évaluation pertinente

  • Au global
    3 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    3 out of 5 stars
  • helenjones
  • 2018-07-14

Not a Basic Economics Book

I am surprised by the flying-colour ratings. Like many others have pointed out, this book is not well supported by data and it is not a "basic economics" book as the title claims. It is a Libertarian economics book, yet nowhere in the book is this context stated. The author does not give the reader any overview of the different branches of economics. The author's claims are at best supported by anecdotes, and often not at all. Because I do not know anything about economics before this book, I found it difficult to distinguish what are commonly accepted facts and what are Libertarian-only perspectives in this book. Yet, the author claims everything that he presented in this book to be "facts".
The narrator is good enough for me. Some comments said that the narrative is too slow and dull. But - may be it is because I am a non-native speaker, the pace suites me well.

2 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars
  • Jeff M
  • 2017-12-03

Astonishing brilliance

Would you consider the audio edition of Basic Economics, Fifth Edition to be better than the print version?

I haven't ready the print version. But this translates well into audio; there are no charts or graphs in this economic tome. It's simple logic, presented clearly.

What did you like best about this story?

It's hard to argue with this guy. I have to be careful and not simply accept what he says at face value. Surely there are counter points! But how can you argue with history? That's his brilliance. History repeats itself, and Sowell uses history to demonstrate fallacy. Those who do not learn history are doomed to repeat it

What about Tom Weiner’s performance did you like?

He has a clear voice. I would imagine reading an economics book is difficult. He does a fine job

Did you have an extreme reaction to this book? Did it make you laugh or cry?

When I listen to the brilliant words of Thomas Sowell I feel my mind opening up to truth. Thank you, Thomas Sowell.

Any additional comments?

This should be required reading to anyone who votes. I admit I wish I knew someone who could present counter points to this; surely there must be a counter to his obvious brilliant analysis of the fallacy of anything other than free, open markets. He makes everything seem so self evident!

2 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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    5 out of 5 stars
  • d
  • 2017-09-29

Economics does not need to be esoteric.

This properly named book explains complicated economic concepts in simple language that anyone can understand. I highly recommend it to anyone interested in learning more about the fundamental forces at work in economics and to a certain degree, society as a whole.

2 personnes sur 2 ont trouvé cette évaluation pertinente

  • Au global
    5 out of 5 stars
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  • Palmetto Bob
  • 2017-05-13

Phenomenal Primer

Superior book on basic economics. Dr Sowell explains principles and gives examples that even an ol' boy with a Nebraska education can understand. Highly recommend this book to everyone, most especially to voters and potential voters. Politicians won't read it so we must...and then hold them accountable.

2 personnes sur 2 ont trouvé cette évaluation pertinente