Since I am an economist, I review a lot of books related to the subject. I recently reviewed one that is written so clearly and intuitively and it really breaks down a huge portion of the field into an, admittedly large, book. The book, Basic Economics by Sowell is a must read to understand basic principles in the economy. There are no political slants or underlying messages being conveyed - just economic science. Every politician should be required to read this book before being admitted to office.
The major parts are broken down into these divisions, with a few chapters in each part:
Part I. Prices and Markets
Part II. Industry and Commerce
Part III. Work and Pay
Part IV. Time and Risk
Part V. The National Economy
Part VI. The International Economy
Part VII. Special Economic Issues
Saturday, March 27, 2010
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