Sowell, Thomas,  1930- <br/><br/>
Basic economics :  a common sense guide to the economy / 
Thomas Sowell. 
 - 4th ed. 
 - New York :  Basic Books,  c2011. 
 - ix, 689 p. ;  25 cm. 
<br/><br/>
<br/><br/>What is economics? -- pt. I. Prices and markets. The role of prices ; Price controls ; An overview -- pt. II. Industry and commerce. The rise and fall of businesses ; The role of profits--and losses ; Big business and government ; An overview -- pt. III. Work and pay. Productivity and pay ; Controlled labor markets ; An overview -- pt. IV. Time and risk. Investment and speculation ; Risks and insurance ; An overview -- pt. V. The national economy. National output ; Money and the banking system ; Government functions; Government finance; An overview -- pt. VI. The international economy. International trade ; International transfers of wealth ; An overview -- pt. VII. Special economic issues. Myths about markets; "Non-economic" values ; Parting thoughts. 
<br/><br/> A comprehensive introduction to economics that explains economic principles with real-world examples from history in clear, jargon-free language; and also covers child labor laws, the national debt, working conditions of the Third World, the gold standard, "exploitation" theories, and other related topics. 
<br/><br/>
<br/><br/><label>ISBN: </label>9780465022526 (trade) 0465022529 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economics.
<br/><br/><label>Dewey Class. No.: </label>330