Basic Economics by Thomas Sowell 5 edition
About this product
Basic Economics is a citizen's guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable 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. Read more
Editor's Take
Amazon-style review sources and Goodreads both show this book is widely liked for its clear, plain-English explanations of economics, with many readers calling it accessible, insightful, and a strong entry point for non-specialists. Goodreads also shows a meaningful split in opinion: many readers praise its breadth and clarity, while some criticize it as ideological or overly one-sided.
On Reddit, one thread describes it as a political polemic rather than a neutral economics learning resource, reflecting the sharper criticism seen in some online discussions. A blog review from Ethics and Culture says the fifth edition should be read widely and treats it as a valuable introduction to the subject.
YouTube search results surfaced a couple of relevant review videos about Thomas Sowell's Basic Economics, including one clearly labeled as a review of the fifth edition and another book review focused on the title. Since real watch URLs were found in the search results, the extracted video IDs are included below.
Price History
Specifications
| ASIN | B071NCYYX7 |
| Publication date | January 1, 1940 |
| Item Weight | 1.5 pounds |
| Dimensions | 9 x 6 x 3 inches |
| Customer Reviews | 5.0 5.0 out of 5 stars (6) |
