Common Sense Economics: What Everyone Should Know about Wealth and Prosperity

by James D. Gwartney, Dwight R. Lee, Richard L. Stroup, et al.

Book Overview

With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically...

• Format: Hardcover
• Language: English
• ISBN: 125010694X
• ISBN13: 9781250106940
• Release Date: June 2016
• Publisher: St. Martin's Press
• Length: 272 Pages
• Weight: 0.83 lbs.
• Dimensions: 1.2" x 5.7" x 8.3"

Customer Reviews

A Great Introduction to Economics

This book is a concise and easy to read explanation of a very broad spectrum of economics topics, ,including public choice theory. It also includes a section on very basic personal finance. For my friends who are trying to understand basic economics on their own, I recommend reading this book this after Russell Robert's books, and "The Best Book on the Market" and before Sowell's "Basic Economcs" in that order.

Excellent Economic Overview

This is the best eoonomic book I have read. Usually this topic is very dry and hard to read. However the authors give a great range of examples to backup their topics. If I had to give one word to describe economics is "incentive" and its used often in this book. Often many people make political decision or vote based on what they would like to see happen. Sadly, they never think about "incentives" people have to do certain things.

Should be required reading for voters

I've read several of the economics books meant for a general audience. Overall, I'd say this one is the best, edging out Thomas Sowell's Basic Economics 3rd Ed: A Common Sense Guide to the Economy. Common Sense Economics is particularly strong when it discusses the ways in which various government policies make us poorer.

Common Sense Economics

Easy to read, easy to understand. The last time I tried to understand economic principles was in required college courses, and barely made it through any of them. This book clarifies the often deliberate obfuscation of this subject, and reveals what every American ought to know about how our system is supposed to work, but a lot of times doesen't. A must-read for every conservative concerned about liberal economic ideas and governmental meddling in Capitalism.

Common Sense Read For a Sometimes Dry Subject

This is essentially a newer edition of a book previously released by the author. The writing is clear and concise on many basic economic principles. If you are looking for an indepth analysis of how economics effects socio-political issues, this is not the book you are looking for. However, if you are looking to begin setting a solid foundation for economic understanding there is perhaps no better place to begin.