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.
Thomas Sowell is a Senior Fellow at the Hoover Institution, Stanford University. For more than half a century, his writings have appeared in both popular and scholarly publications, on both sides of the Atlantic, and his books have been translated into a dozen foreign languages. After a career as an economist in the government, academia, and the corporate world, he has since 1980 been a scholar in residence at the Hoover Institution. His website is www.tsowell.com.
Stefan Rudnicki first became involved with audiobooks in 1994. Now a Grammy-winning audiobook producer, he has worked on more than five thousand audiobooks as a narrator, writer, producer, or director. He has narrated more than nine hundred audiobooks. A recipient of multiple AudioFile Earphones Awards, he was presented the coveted Audie Award for solo narration in 2005, 2007, and 2014, and was named one of AudioFile’s Golden Voices in 2012.