Principles of Economics

By: Saifedean Ammous

Narrated by: Saifedean Ammous

Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts.

This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic. The first part of the book introduces the foundational concepts in economics and the Austrian method, the second part of the book introduces the actions that individual humans perform to economize.

After two decades of studying and learning economics at university level, this book represents the knowledge of economics I would have liked to have when I was 17.

©2023 Saifedean Ammous (P)2023 The Saif House

Freedom from Fiat

Really enjoyed Safe’s ability to deride fiat with sound, cogent and clear reasoning. Pick this up if you want to learn about real economics

World class as always

Excellent stories and descriptions to explain economics in a logical way for anyone interested regardless of background or expertise

I was already a fan of the Austrian school

I was already a fan of the Austrian school and didn't expect much from this book. I was pleasantly surprised at how much utility I got out of it. The author is brilliant and is a great writer. Because of his clear writing and perfect logic, this will now be one of the books I recommend to people alongside the other greats such as Human Action, Man Economy and State or Economics in One Lesson.

In time this book impact will be comparable to the Bitcoin Standard

Principles of economics has taught me a better Austrian economic theory in 12 hours then all of high school and undergrad degree combined while explaining the mind boggling leaps you must take in current Keynesian theory. I strongly believe this book will become the go to standard for beginning to understand the economic machine we are a part of.

Brilliant work

I love it and think everyone should read/listen to thus book. It is not a simple book but goes quite deep into the working of the economy and human action. Lots of references and history provided to backup claims

A book everyone should read!

Saifedean is a modern day Mises or Rothbard. This book is an exceptional breakdown of TRUE economics and how the modern world should work and would be improved under a sound economic system

An intuitive way into the Austrian school.

It's very good in many of the core concepts of the Austrian school, delivering them with elegance in its simplicity. I think anyone without an interest in economics would value this book. This book also suffers towards the end in many direct attacks and invalidating other schools of thought and fields of study. All and all a good book with some bias and lack of self criticism. I still would recommend it and deeply encourage to read from other schools of though.

Economics as it should be taught

It’s a shame that Economics is still taught in universities with Keynesian text books and the subject is treated as a natural science. Econometric models with negligible coefficient of determination are forced down students’ throats. Saifedean’s book is more useful than a full mainstream Economics course. Strongly recommend.

Fantastic content and clear explanation

Ammous makes clear and lucid what can otherwise be a clunky and abstract topic. This is the best explanation of the Austrian School of Economics that I have read. The book may function both as a textbook for young students and an enlightening meditation for those already familiar with the subject. I highly recommend it.

A must read!

This book contains quite a bit of education. I also enjoyed The Bitcoin Standard, and The Fiat Standard. My favorite elements of both are discussed further, also new variables and aspects are introduced and discussed.. The author, Saifedean Ammous,, brings to light topics that will change the way you think about money.