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

World class as always

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

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

One of the most important books of all time

This book holds keys to the foundation of civilization. I wish every politician and school child in the world could read and understand this book. The world would be a very different, and better, place.

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.

This is a must read.

This is one of the most important books of this century. It is absolutely corrective as to the diminishment of critical and rational thinking in our society. It focuses on one of the most important things in life, Economics, which is a subject that is mostly ignored in the education of Americans, and is one of the most coherent arguments against Keynesian economics that I have read. Simply brilliant!

Excellent summary on the division of labor

Excellent summary on details of the division of labor, and how it creates civilization. The transition from the war of all against all to creating more value than we consume.