Basic Economics, Fifth Edition
A Common Sense Guide to the Economy
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Narrated by:
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Stefan Rudnicki
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By:
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Thomas Sowell
About this listen
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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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- Immigration, Identity, Islam
- By: Douglas Murray
- Narrated by: Robert Davies
- Length: 12 hrs and 17 mins
- Unabridged
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The Strange Death of Europe is a highly personal account of a continent and culture caught in the act of suicide. Declining birth rates, mass immigration, and cultivated self-distrust and self-hatred have come together to make Europeans unable to argue for themselves and incapable of resisting their own comprehensive alteration as a society and an eventual end.
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Fear-mongering
- By Kat Cat on 01-22-19
By: Douglas Murray
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Overwritten and One-sided...
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A mind opening consideration of Economics.
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The Best Book By The Smartest Guy in the Room
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Great Book, Somewhat Misleading Title
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Discrimination and Disparities challenges believers in such one-factor explanations of economic outcome differences as discrimination, exploitation, or genetics. It is listenable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum.
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Hard Pill To Swallow - I’m better for it
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A mind opening consideration of Economics.
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This reissue of Thomas Sowell’s classic study of decision making, which includes a preface by the author, updates his seminal work in the context of The Vision of the Anointed. Sowell, one of America’s most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making—a gap that threatens not only our economic and political efficiency but our very freedom.
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In this important book, an eminent authority presents a new perspective on affirmative action, investigating its actual consequences in the United States and in other countries where it has been in effect. Evaluating his empirical data, Thomas Sowell concludes that race preference programs worldwide have not met expectations and have often produced the opposite of what was originally intended.
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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in the country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth.
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A million-copy seller, Henry Hazlitt’s Economics in One Lesson is a classic economic primer. But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others. Called by H. L. Mencken “one of the few economists in history who could really write,” Henry Hazlitt achieved lasting fame for this brilliant but concise work.
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Great book.
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This is a study of how intellectuals as a class affect modern societies by shaping the climate of opinion in which official policies develop, on issues ranging from economics to law to war and peace. You will hear a withering and clear-eyed critique about (but not for) intellectuals that explores their impact on public opinion, policy, and society at large.
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Biased but good
- By Justin on 05-06-10
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A Conflict of Visions
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In this book, which the author calls a "culmination of 30 years of work in the history of ideas", Sowell attempts to explain the ideological difference between liberals and conservatives as a disagreement over the moral potential inherent in nature. Those who see that potential as limited prefer to constrain governmental authority, he argues. They feel that reform is difficult and often dangerous, and put their faith in family, custom, law, and traditional institutions.
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Critical read for 2008 change election
- By Elaine C Grimes on 06-05-08
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Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. Writing in a lively manner that does not require any prior knowledge of economics, Thomas Sowell exposes some of the most popular fallacies about economic issues, including many that are widely disseminated in the media and by politicians.
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Good with salt...
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The Vision of the Anointed
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In this devastating critique of the mindset behind the failed social policies of the past 30 years, Thomas Sowell sees what has happened not as a series of isolated mistakes, but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and more. This is an empirical study in which “politically correct” theory is repeatedly confronted with facts, and the sharp contradictions between the two are explained in terms of a set of self-congratulatory assumptions held by political and intellectual elites.
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One of the best books I've ever listened to...
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Inside American Education
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An indictment of the American educational system criticizes the fact that the system has discarded the traditional goals of transmitting knowledge and fostering cognitive skills in favor of building self-esteem and promoting social harmony.
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Must read if you want to understand the condition in America
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Free to Choose
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
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What listeners say about Basic Economics, Fifth Edition
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Lisa P
- 08-15-24
Thomas Sowell basic economics
wow this should be mandatory reading for everyone. it lays out the foundation of how our economy works. this is the kind of information that can make your world a better place
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- That Guy
- 05-25-24
Much Information About Factual Economic.
Much details about how economics works. I am glad I got this because I got fed up with people, news, media, and social groups talking about how the economy should work when after hearing this audio book I can gladly confirm, Many ignorant people do not understand that there is always a trade off to everything. It can get boring if you are not into learning and the voice for this book is calming but can get in the way at times. Highly recommend this book if you want to try to learn some of the many types of economics, pros, cons, cause and effect, and how some economic sayings can be misunderstood or plain out lies that the news will try to narrate at times.
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- MH
- 10-11-24
Definitely need to read!
Very good book, this should be given to high school economics students to read and used as a teaching tool.
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- David Bendeck
- 06-13-24
Comprehensive and easy to understand
This is my introduction to economics. I wanted to learn more about economics so would have a better understanding of what makes policies or laws better or worse for the economy and become a more knowledgeable and less impressionable voter. I think I can now grasp the basic facts of economics that will allow me to better evaluate the proposals of candidates or legislators. It is an amazing book.
My only concern with it is that the narration, that is superb in all other aspects, is at least for me a bit too informal when it wants to mimic the native accents of foreign people when they speak English. I actually like it, but maybe someone will think it is a little bit out of place for the kind of book this is.
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- Christine
- 05-27-24
Worth the time!
Don’t be intimidated by the length of this book. Thomas Sowell presents economics in a clear and patient manner. This was also the first performance of a nonfiction work by Stefan Rudnicki,that I’ve heard. He has the perfect voice and delivery for Thomas Sowell’s writing.
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- Sarah W.
- 03-05-24
Can’t believe how fascinating this book was.
I never imagined I would devour an economics book like I did this one. So interesting, I found myself excited to keep listening, and would often listen late into the night. Who else can say that about a textbook? 10/10 recommend.
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- Louis Macareo
- 05-27-24
I must teach my children everything in this book.
This was one of the best and most useful books on economics I have ever read. It manages to take theory and demonstrate how it plays out in economic and policy decisions that we confront every day. It is one lesson after another in learning how yo separate intention from outcome. Simply incredible.
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- Saleem
- 11-10-24
Unbelievably useful book
Easy to understand, wealth of knowledge, you will mess if you don’t listen to book.
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- JB Reads A Lot
- 07-19-24
Read this to understand economics and what’s happening
It’s a factual and empirical presentation of economics.
In other words it’s the opposite of what we get in public schools or in popular media.
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- DELORES E. STEINBACH
- 09-18-24
Complex to relatable
He broke down a complex topic to an easy and relatable level. Fascinating to see the connections that I had never thought about before. It should be required reading for every high school student.
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