Once again, Sowell clearly explains everyday economic concepts with a series of interesting real-life examples from around the world and throughout history.The focus of the book is not only to explain sound economic concepts but also to explain why it is often in the personal interest of the political class to act contrary to these principles.The negative effects of their actions are often not felt until they are long out of office and few are likely to trace these effects back to their original cause.In the short term, doing the wrong thing gets them elected or re-elected.
Every voter should read this to inoculate themselves from the lies of our politicians.The book is non-partisan, exposing the political thinking of both US parties, as well as many others in other countries.
If you don't think you are interested in economics, you should be, because it affects the life of every man, woman and child on the planet.This book makes what can be a dry subject interesting.It's hard to put down!
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Applied Economics: Thinking Beyond Stage One (Hardcover)
I rate this book very highly. I was a big fan of the first edition and it proved to be a good servant to many of my students. The new edition is even better and I guess it would be a very useful test for economics and business first years as well as older readers who want to get to grips with economics.