Basic Economics, Fifth Edition

A Common Sense Guide to the Economy

By: Thomas Sowell

Narrated by: Stefan Rudnicki

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.

©2015 Thomas Sowell (P)2024 Blackstone Publishing

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

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.

Definitely need to read!

Very good book, this should be given to high school economics students to read and used as a teaching tool.

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.

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.

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.

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.

Great

Great listen. I am required to type fifteen words to submit a review review review

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.

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.