If there is a single recent book that can advance
economic literacy in this country, it is Thomas Sowell's latest book,
Basic Economics. . . . Sowell has managed to make economics humane again,
relevant and interesting to young people and ordinary citizens.
Voters by the millions want to know basic economics, not for passing
tests but for grading politicians, and for understanding how the world
works. They do not need the equations, graphs, and jargon of textbooks,
but the guts of the basic issues. They have waited a long time for this
book, by one of the nation's best and most trenchant minds.
American Enterprise Institute
Alchian said the true test of whether one understands his subject is
whether he can explain it to someone who doesn't know a darn thing about
it. Mr. Sowell wasn't Mr. Alchian's student, but Basic Economics demonstrates
his ability to make economics understandable to a person who hasn't
set foot into an economics class. It's a book rich with explanations
and examples of everyday economic issues and problems without the jargon,
graphs and equations.
George Mason University
It's no small feat to write a book on the laws of economics without
inflicting a single demand curve on the innocent reader. Thomas Sowell
does just that in his engaging primer on the fundamentals of economic
The American Spectator
Basic Economics will surely become the best supplemental text for every
introductory economics course and essential reading for years to come
for anyone wishing to understand how the real-world market economy works.
Richard M. Ebeling
We are about giving students the best education possible and we believe
your Basic Economics does just that.
Russell D. Spicer
Liberty Common School
Fort Collins, Colorado