A Review of Basic Economics by Thomas Sowell Modest MoneyLeave a comment

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Thomas Sowell is a brilliant economist who started out in poverty and became one of the premier American economists of our time. In addition to being a well-educated and globally respected economist, he has the ability to break down complex economics terminology into easy to understand examples that everyday people like you and I can understand. He currently is a professor of economics at Stanford University, but after reading this book, I think he has many more students outside of his classroom.

Core Principles

Basic Economics is broken down into key sections so that you can digest each relevant economic principle at your own pace. Each section also provides a background of the topic being discussed along with examples to illustrate how we see these principles in action in our everyday lives. Every section is almost like a complete book in and of itself while the whole book is a collective masterpiece of economic teaching for Main St. If everyone read this book, we would have a much more prosperous economy.

Clear Examples

This book does a great job of providing examples of cause and effect relationships. It covers some things you probably never even considered as being economic based….

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