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Basic Economics A Common Sense Guide to the Economy

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ISBN-10: 0465022529

ISBN-13: 9780465022526

Edition: 4th 2011

Authors: Thomas Sowell

List price: $46.00
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Description:

Why are homeless people sleeping on the sidewalks of New York in the winter, when the abandoned apartment buildings in the city have four times as many dwelling units as there are homeless people in the city? Why did Russians have to import food to feed people in Moscow, when Russia itself has vast amounts of some of the richest farmland in Europe within easy driving distance? Why did unemployment reach 25 percent and American corporations as a whole operate in the red for two years in a row during the Great Depression of the 1930s? All these very different-but equally puzzling and needless-tragedies grew out of a failure to understand and apply basic economic principles. Explaining these…    
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Book details

List price: $46.00
Edition: 4th
Copyright year: 2011
Publisher: Basic Books
Publication date: 12/28/2010
Binding: Hardcover
Pages: 786
Size: 6.50" wide x 9.50" long x 2.00" tall
Weight: 2.134
Language: English

Thomas Sowellhas taught economics at Cornell, UCLA, Amherst, and other academic institutions, and hisBasic Economicshas been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals and in such popular media as theWall Street Journal,Forbesmagazine, andFortune, and he writes a syndicated column that appears in newspapers across the country.