Basic Economics, Fourth Edition
A Common Sense Guide to the Economy
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Narrated by:
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Tom Weiner
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By:
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Thomas Sowell
About this listen
The fourth edition of Basic Economics is both expanded and updated. A new chapter on the history of economics itself has been added, and the implications of that history examined. Among other additions throughout the book, a new section on the special role of corporations in the economy has been added to the chapter on government and big business.
Basic Economics, which has now been translated into six foreign languages, has grown so much that a large amount of material previously found in the back of the book has now been put online instead so that neither the book itself nor its price will have to expand. The central idea of Basic Economics, however, remains the same: 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.
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn’t get done.
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You Need to buy Book to get key info
- By Rosie's mom on 10-23-18
By: Allan Dib
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One Million Followers, Updated Edition
- How I Built a Massive Social Following in 30 Days
- By: Brendan Kane
- Narrated by: Brendan Kane
- Length: 7 hrs and 50 mins
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In One Million Followers, Kane will teach you how to gain an authentic, dedicated, and diverse online following from scratch; create personal, unique, and valuable content that will engage your core audience; and build a multimedia brand through platforms like Facebook, Instagram, YouTube, Snapchat, and LinkedIn.
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A Very Poor Read
- By Anthony Butler on 04-14-21
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The Price We Pay
- What Broke American Health Care - and How to Fix It
- By: Marty Makary MD
- Narrated by: Marty Makary MD
- Length: 9 hrs and 29 mins
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One in five Americans now has medical debt in collections and rising health care costs today threaten every small business in America. Dr Makary, one of the nation's leading health care experts, travels across America and details why health care has become a bubble. Drawing from on-the-ground stories, his research and his own experience, The Price We Pay paints a vivid picture of price-gouging, middlemen and a series of elusive money games in need of a serious shake-up.
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Very important book!
- By Wayne on 05-17-21
By: Marty Makary MD
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Most commentators look at the issue of immigration from the viewpoint of immediate politics. In doing so, they focus on only a piece of the issue and lose touch with the larger picture. Now Thomas Sowell offers a sweeping historical and global look at a large number of migrations over a long period of time. Migrations and Cultures shows the persistence of cultural traits in particular racial and ethnic groups.
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good but a dense read
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A must read, but a hard one!
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What listeners say about Basic Economics, Fourth Edition
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Joe Sparks
- 07-31-11
This Must-Read will inoculate you against fraud
Sowell covers so many economic fallacies (fallacies we have heard propagated daily in the news, for all of our lives), and explains why they are wrong. He uses inventive illustrative scenarios to make clear difficult concepts. He takes you well-past a limited concept or idea, to the full consequences of that idea, and makes the case using real-world historical examples from around the world. This will inoculate you against future fraud for the rest of your life. My only critique: the reader, while clear and understandable, is a bit dry and devoid of expression. Still worth it though. I have "re-read" many chapters since I bought it.
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26 people found this helpful
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- Guilherme
- 12-08-12
A big blow on economic fallacies
This book covers a lot of ground on economics. As I am a beginner on the subject I found this book very interesting. If I had had the printed version I'm not sure I'd have been able to go through the whole thing since it's a long book but the narrator did a fantastic job. Students of economics would find this book useful as well.
The first half of the book is mainly about concepts and explaining how things work on the market. The second half was way my favorite where the author destroys many of the fallacies we hear politicians talking. I wish everyone who votes would hear this book.
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7 people found this helpful
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- Tim
- 11-09-11
Fantastic Economics Primer
This book should be read (or listened to) by every high school senior in the United States, and anyone older who has not yet been exposed to the clear sanity of Thomas Sowell. The country would immediately shift to a more conservative stance, and our reliance on government would be reduced.
Very well written, and read by the narrator, a must buy for any serious follower of politics.
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3 people found this helpful
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- monte reed
- 01-29-14
great info!!!
Would you listen to Basic Economics, Fourth Edition again? Why?
yes, a lot of great info. learn a lot about how economic works and see how the government got it wrong and how it effect us.
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1 person found this helpful
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- maci453
- 07-05-14
It just perfect
Where does Basic Economics, Fourth Edition rank among all the audiobooks you’ve listened to so far?
I liked this book!
Great explanations !
Easy reading ! Thanks for this great book Thomas
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- Pain MD
- 11-19-21
Get 5th Ed. Thomas Sowell is by far one of the greatest economists of our time
Sowell has well thought out and easy to follow ideas about our economy. He debunks the common myths and fallacies which we hear on a daily basis. This buck and the newer edition are a must listen and read.
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- Criticalthinker
- 06-02-12
A lost story...........
The "story" of economics, sadly, is not part of the basic education fabric in this country. One would think, a country built on a free-enterprise/captialism model would do a better job of informing it's citizens about what all of that means. Mr Sowell does a fine job of unpacking the baggage, talking about each piece along the way in understandable words and anecdotes, for the "interested" reader. What a great refresher or primer, depending on where you are when you pick it up.
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14 people found this helpful
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- Joshua
- 11-07-12
A must listen for any registered voter!
The book explains the basics of economics in simple language. The author uses real world examples from multiple eras, nations and economic systems, along with more basic thought experiments from everyday life. He does an excellent job hammering home the basic by using progressively more nuanced real world scenarios.
I usually only listen to sci-fi or fantasy books, but I could not put this down. I'm going to buy the hard copy for my wife who doesn't like audiobooks. It's worth buying twice!
I was a little put off by the aerator at first because I kept thinking, "why is a Pearson's Puppeteer explaining economics?"
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- Sterling
- 02-08-20
A very fact-based and well-researched Book
Thomas Sowell does an excellent job in this book explaining the way the exchange of resources effects the world we live. this was the first book I've ever listened to on economics and I found it to be eye opening. It was fascinating to learn about the exchange of goods would even more fascinating was gaining an understanding of how economic impacts people. After being exposed to this book I had a change of mind. With the facts presented and varying sources that came to similar conclusions, it made it difficult for me to hold onto ideas that didn't really hold water. Economics is so powerful that after gaining a more clear understanding of it, the way I view Life has changed. If you approach this book with an open mind and with a hunger for founded information, I believe you will appreciate its contents.
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- Sam G.
- 11-23-12
Great Listen for Young Readers
Really ties in politics and modern market economies backed up by real examples. Great read.
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