Common Sense Economics, James D. Gwartney
Common Sense Economics, James D. Gwartney
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Common Sense Economics
What Everyone Should Know About Wealth and Prosperity

Author: James D. Gwartney, Tawni Hunt Ferrarini, Joseph P. Calhoun, Dwight R. Lee, Richard L. Stroup

Narrator: Al Kessel

Unabridged: 9 hr 8 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 11/19/2019

Synopsis

With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically important to understand for those hoping to further their professional lives—even their personal lives. Common Sense Economics discusses key points and theories, using them to show how any listener can make wiser personal choices and form more informed positions on policy.

Now in its third edition, this fully updated classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini reflects on the recession and the progress that's been made since the crash; it offers insight into political processes and the many ways in which economics informs policy, illuminating our world and what might be done to make it better.

About James D. Gwartney

James D. Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University and is the director of the Stavros Center for the Advancement of Free Enterprise and Economic Education.

Reviews

Goodreads review by Lydia on March 31, 2024

Great value. ⁦It was a great value to us and my son for his class in high school and my daughter that is in college. Would buy again.⁩ Full of helpful and useful information.......more

Goodreads review by Jes on March 02, 2019

This is a must-read book for everyone living in a capitalist country. Or real life, period. I think it would also be very nice if politicians read it before running a campaign, and voters read it before choosing said politicians. It's just a refreshing, no-nonsense and practical view of life and mon......more

Goodreads review by Jeffrey on February 22, 2012

I've read several books on economics (outside of college Econ. 101 and 102), or, more specifically, the Fed., the current dominant money system, co-ops and alternatives to current money system, and so forth, but this is one everyone should read. Why? Here's the author to let you in on a secret: "We......more

Goodreads review by Krishna on May 04, 2015

This economics book explains the classic laissez-faire theory. However, it does not do a good job in explaining the deficiencies and problems in this approach.......more

Goodreads review by Glenn on October 06, 2012

This is an excellent introduction to basic economic principles. As the authors point out, we live in a nation of economic illiterates, and given the current political and economic environment, clear thinking about economics has never been more important. This book introduces the key ideas and issues......more

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