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Applied Economics : Thinking Beyond Stage One - Thomas Sowell

Applied Economics

Thinking Beyond Stage One

By: Thomas Sowell

Hardcover | 9 December 2008 | Edition Number 1

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This revised edition of Applied Economics is about fifty percent larger than the first edition. It now includes a chapter on the economics of immigration and new sections of other chapters on such topics as the"creative&rdquo financing of home-buying that led to the current"subprime&rdquo mortgage crisis, the economics of organ transplants, and the political and economic incentives that lead to money earmarked for highways being diverted to mass transit and to a general neglect of infrastructure. On these and other topics, its examples are drawn from around the world. Much material in the first edition has been updated and supplemented. The revised and enlarged edition of Applied Economics retains the easy readability of the first edition, even for people with no prior knowledge of economics.
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"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.... Buy a copy and read it immediately--no: buy two, and give one to a school teacher, a journalist, or a politician near you!"
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